12% VAT Hike: Toyota Agya, Honda Brio Prices Surge
Indonesia’s New Tax Hike Impacts Car Prices A recent 12 percent increase in indonesia’s Value Added Tax (VAT) is set to impact the price of several popular car models, particularly those in the Low Cost Green Car (LCGC) segment.This increase affects vehicles already subject to Indonesia’s Sales Tax on Luxury Goods (PPnBM). The price increases … Read more