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Peru: Second reduction of the duty drawback

Description

On 18 November 2014, the government of Peru via Supreme Decree No. 314-2014-EF reduced the drawback benefit rate from currently 5%, to 4% and 3% for the years 2015 and 2016, respectively. The duty ...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jan 2015

Revocation date

31 Dec 2016

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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