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Global Trade Alert

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Venezuela: Temporary elimination of VAT on imports of capital, IT, and manufactured goods

Description

On 19 December 2013, the President of the Republic, Nicolas Maduro, adopted Decree no. 694 which temporarily eliminates the Value Added Tax (VAT) on imports of various goods belonging to the sector of...

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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

20 Jan 2014

Revocation date

No revocation date

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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