Government Incentives for Battery-Based Electric Vehicles Implementation in Indonesia
Jakarta – The government provides incentives in the form of Government Borne Sales Tax on Luxury Goods (PPnBM) (DTP) on the import and/or delivery of certain four-wheeled Battery-Based Electric Motor Vehicles (KBLBB). These provisions are regulated in Minister of Finance Regulation (PMK) Number 9 of 2024 which will come into effect on February 15 2024. … Read more