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Peru: Temporary VAT exemption on the imports of some basic foodstuffs

Description

On 14 April 2022, the Peruvian authorities adopted Law No. 31452 temporarily exempting the imports of certain basic foodstuff from the VAT payment, known as "Impuesto General a las Ventas (IGV)". The ...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 May 2022

Revocation date

31 Jul 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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