Procedures for PPnBM Exemptions and Returns Revised

In a bid to encourage the use of energy-saving, environmentally friendly motor vehicles, as well as to implement various provisions originally set out under Regulation of the Government No. 73 of 2019, which was most recently amended through the issuance of Regulation of the Government No. 74 of 2021 (collectively referred to as “Regulation 73/2019”)[1], the Minister of Finance (“Minister”) has now issued Regulation No. 141/PMK.010/2021 on the Classification of Motor Vehicles Subject to Luxury-Goods Sales Tax and Procedures for the Imposition, Granting and Administration of Exemptions to and Returns of Luxury-Goods Sales Tax (“Regulation 141/2021”).[2]