Global Trade Alert
Global Trade Alert

Peru: Temporary VAT exemption on the imports of some basic foodstuffs

Announcement

14 Apr 2022

In April 2022, the Peruvian authorities adopted a Law that exempts from VAT payments certain basic food products from 1 May until 31 July 2022. 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 May 2022

Revocation date:

31 Jul 2022

Updated: 14 Apr 2022
Internal taxation of imports
On 14 April 2022, the Peruvian authorities adopted Law No. 31452 temporarily exempting the imports of certain basic foodstuff from the VAT payment, known as "Impuesto General a las Ventas (IGV)". The ...
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