Global Trade Alert
Global Trade Alert

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

Announcement

13 Dec 2011

In December 2011, the government of Venezuela announced a change to the import-specific domestic duties.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

13 Dec 2011

Revocation date:

No revocation date

Internal taxation of imports

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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