The Indonesian Ministry of Finance April 13 issued a regulation on VAT exemptions for bonded zone corporations due to the coronavirus pandemic. The regulation includes: 1) VAT exemptions on imported and exported medical equipment, luxury goods, and various other materials; 2) exemption procedures; 3) documentation requirements; and 4) conditions and obligations to settle VAT. [Indonesia, Ministry of Finance, 04/13/20]
Reference:
View Regulation No. 31/PMK.04/2020. View Index.
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