“In the spirit” of simplifying Indonesian regulatory frameworks, the Minister of Trade (MOT) recently issued MOT Regulation No. 18 of 2021 on Goods Prohibited from Being Imported and Exported (“Regulation 18“) to further implement Government Regulation No. 29 of 2021 on the Organization of the Trade Sector.
Before the issuance of Regulation 18, the list of goods prohibited for export and import was scattered amongst various regulations, including (i) MOT Regulation No. 12 of 2020 on Goods Prohibited for Import, (ii) MOT Regulation 45 of 2019 on Goods Prohibited for Export, and (iii) Decree of the Minister of Industry and Trade No. 520/MPP/Kep/8/2003 on the Prohibition on Imports of Hazardous and Toxic Waste. Regulation 18 revokes all of these regulations.
Source: globalcompliancenews.com
Latest Posts in "Indonesia"
- Finance Ministry to Inspect Steel Giants After Uncovering Widespread VAT Evasion Scheme
- VAT Registration and E-Faktur Compliance in Indonesia: Key Challenges for Foreign Investors
- Indonesia Reinstates 100% VAT Incentive for Home, Apartment Purchases up to Rp2 Billion in 2026
- Finance Ministry Offers 100% VAT Incentive for Home Buyers Throughout 2026
- Indonesia Appoints OpenAI as VAT Collector for Digital Services to Boost State Revenue













