On 30 December 2025, the Minister of Finance (“MoF”) issued MoF Regulation No. 113 of 2025 on Excise Refunds (“MoF Reg. 113/2025”). This regulation revokes MoF Regulation No. 113/PMK.04/2008 of 2008 on Excise Refunds and/or Administrative Sanction in the Form of Fines (“MoF Reg. 113/2008”). While the objectives and contents of MoF Reg. 113/2025 are […]
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