New regulation issued to set new e-cig excise duties…

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 vaping products for 2023 and 2024. Starting 1st January 2023, open-system e-cigarettes will be taxed at IDR532 ($0.034) per ml of e-liquids, which will increase to IDR636 ($0.041) from 1st January 2024. Closed-system e-cigarettes will be taxed at IDR6,392 ($0.41) per » Continue Reading. ...

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      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 vaping products for 2023 and 2024. Starting 1st January 2023, open-system e-cigarettes will be taxed at IDR532 ($0.034) per ml of e-liquids, which will increase to IDR636 ($0.041) from 1st January 2024. Closed-system e-cigarettes will be taxed at IDR6,392 ($0.41) per » Continue Reading. ...

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