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Venezuela: Temporary elimination of VAT on imports of goods for use in the construction sector

Description

On 13 December 2011, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 8.699 which temporarily eliminates the Value Added Tax (VAT) on imports of rubber, iron, steel and glass produ...

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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

13 Dec 2011

Revocation date

12 Dec 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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