Guidelines for the Granting of Incentives for Imports of Four-Wheeled BEV Introduced: Incentive Application Deadline of 1 March 2025 Set

Among the various aspects that were originally outlined under Regulation of the President No. 55 of 2019 on the Acceleration of the Battery-Powered, Electric Motor Vehicles for Road Transportation Program, as amended by Regulation of the President No. 79 of 2023 (collectively referred to as “Regulation 55/2019”),[1] it was mandated that importers of four-wheeled, battery-powered electric vehicles (“BEV”) would be able to enjoy incentives that take the form of subsidized import duties and luxury-goods sales tax (Pajak Penjualan atas Barang Mewah – “PPnBM”).[2]