Jakarta (ANTARA) - The Indonesian government will provide value-added tax (VAT) incentives of up to 10 percent this year on the purchase of electric cars and buses to accelerate the development of the national battery-based electric vehicle ecosystem.
"We are in the middle of harmonizing the final draft to issue the Finance Minister Regulation on the VAT incentives for electric cars and buses," Finance Minister Sri Mulyani Indrawati informed at the launch of the “Government Assistance Policy for Battery-Based Electric Vehicle” on Monday.
