Indonesia updates excise exemption rules to include petroleum oil blending sector

The Ministry of Finance has issued Regulation Number 34 of 2026 to update procedures for excise exemptions. This amendment specifically expands the scope of administrative registration requirements to include petroleum oil refinery product blending activities using ethyl alcohol. The government aims to synchronize business licensing requirements with current industrial practices in the energy sector.
This policy is a strategic move to support national energy security and accelerate the transition toward clean energy utilization. For businesses in the petroleum and chemical industries, this update provides much-needed legal certainty and simplifies the administrative process for excise exemptions. It ensures that manufacturing activities involving non-excisable final products are properly recognized under the new regulatory framework.
For a detailed analysis of the regulation, please refer to the full article here: https://veritask.ai/en/artikel/minister-of-finance-regulation-number-34-of-2026-amends-excise-exemption-licensing-for-ethyl-alcohol-now-covering-petroleum-oil-blending-industry