Covid-19 VAT exemption till Dec 31, 2020 for PPE’s incl. Vaccine Raw Materials Decided to be Free of VAT

In PMK No.143 / 2020, the government emphasizes the provision of VAT incentives for goods needed for the development of the Corona vaccine.

The government has extended the provision of VAT incentives for goods related to the handling of the Covid-19 pandemic until December 31, 2020.

In addition to extending the provision of incentives, in the provisions stipulated in PMK No.143 / 2020, the government also emphasizes the provision of VAT incentives for goods needed for the development of the Corona vaccine.

This confirmation can be seen from the addition of 3 points in Article 2 paragraph 5 of the regulation. The first point  , the government states that imports of raw materials for the production of vaccines or drugs for handling Covid-19 by the Vaccine or Drug Production Pharmaceutical Industry are borne by the government (DTP).

Source ekonomi

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