Automotive Policy Meeting with Ministry of Industry

On 23 July 2019, few representatives of the EuroCham Automotive Working Group met with the Director General of Metal, Machineries, Transportation, and Electronic Industries of the Ministry of Industry, Mr. Harjanto. The purpose of the meeting is to discusses and consult as well as receive advises and direction regarding the upcoming policy changes regarding CO2 based taxation as well as the harmonization of Luxury Tax. The Automotive Group expressed supports to the government initiative to achieve national CO2 emission reduction target and incentivize the growth of low carbon emission vehicle industry by harmonizing the current luxury tax scheme. The new tax scheme that will be based on CO2 emission will also create a more level playing field for vehicles of all categories. During the meeting the Director General agreed to share updates regarding the legislation process on currently discussed policies and continue the ongoing discussion further to get feedback from the industry.

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