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New regulation issued to set new excise duties for tobacco products…

Written by TobaccoIntelligence || 19th December 2022 || Alerts Array | Regulation and legislation | Tax | Geographies: Asia Indonesia

Indonesia: The Ministry of Finance has recently issued Regulation 192/PMK.010/2022, amending Regulation 193/PMK.010/2021 to set the new applicable excise duties for tobacco products for 2023 and 2024. Starting 1st January 2023, heated tobacco products, classified as “solid e-cigarettes” (“rokok elektrik padat”), will be taxed at IDR2,886 ($0.19) per g of tobacco and, from 1st January 2024, the tax will increase to IDR3,074 » Continue Reading. ...

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