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Venezuela: Temporary elimination of VAT on imports of transformers, sacks and bags

Description

On 8 April 2013, the President of the Republic, Nicolas Maduro Moros, adopted Decree No. 9.468 which temporarily eliminates the Value Added Tax (VAT) on imports of transformers corresponding to tariff...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Apr 2013

Revocation date

09 Apr 2014

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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