The Minister of Finance issued New Regulations on excise exemptions.* Effective 18 October 2024, the New Regulations simplify processes, enhance services, and offer greater legal certainty for businesses dealing with excisable goods – ensuring that businesses stay within reasonable limits of their approved excise exemptions. Failure to comply may result in penalties or the loss of exemption privileges.

Exemptions and applications approved under the previous regulations will remain valid until they expire. The full implementation of the new provisions, including the issuance of updated User Identification Numbers (NPPP) and the determination of eligible excisable goods, will be finalised by 2025.

While compliance with the New Regulations is mandatory, it also offers the potential for significant cost-savings and more efficient excise operations.

*Regulation of The Minister of Finance of The Republic of Indonesia Number 82 of 2024 on Procedures for Excise Exemption, replacing Regulation of The Minister of Finance of The Republic of Indonesia Number 109/PMK.04/2010 of 2010 on Procedures for Excise Exemption.