The Ministry of Finance has issued Regulation No. 177/PMK.04/2013 (“Amendment”), which amends Regulation No. 253/PMK.04/2011 on Import Duty Repayment for Goods and Materials to be Processed, Assembled, or Installed on Export-oriented Goods (“2011 Regulation”). The Amendment aims to encourage export business, strengthen the competitiveness of export-oriented business, and increase investment.
New Provisions on Import Duty Repayment
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