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Indonesia Raises VAT

Indonesia recently increased its value-added tax from 10% to 11%, which will affect a range of taxable goods and imports, the Hong Kong Trade Development Council reported April 21. The increase, which took effect April 1, will apply to certain…

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liquefied petroleum gas, agricultural goods and fertilizer products, the report said. It will also apply to certain logistical services, including freight forwarding and package delivery.