The Minister of Finance (“Minister”) has issued the new Regulation No. 50 of 2026 on (“Third Amendment”) on the Third Amendment to the Regulation of the Minister No. 26/PMK.010/2022 on the Stipulation of the Goods Classification System and the Imposition of Import Duties on Imported Goods ("Regulation 26/2022"), which as its title suggests, amends the initial Regulation 26/2022. The Third Amendment introduces specific Harmonized System (“HS”) code subheadings under Chapter 98 to provide a 0% import duty incentive for parts and materials destined for Aircraft Maintenance, Repair, and Overhaul (“MRO”) operations, as well as for Liquefied Petroleum Gas (“LPG”) imported as a raw material for the petrochemical industry.[1]
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