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Intangible goods – New import declaration procedure

In December 2022, the Indonesian Minister of Finance (MOF) issued a new regulation on imported goods for use (barang impor untuk dipakai), i.e., MOF Regulation No. 190/PMK.04/2022 (“MOF Regulation 190“), which came into force on 13 January 2023. One of the notable highlights of MOF Regulation 190 is the new import declaration procedure for intangible goods (e.g., digital goods). This is a significant update because the previous regulations did not include provisions on this.

Source: globalcompliancenews.com

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