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Venezuela: First temporary elimination of VAT on imports of Chevrolet motor vehicles

Description

On 25 January 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 8.780 which temporarily eliminates the Value Added Tax (VAT) on imports of 10,000 motor vehicles of the brand C...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jan 2012

Revocation date

24 Jan 2013

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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