IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Jan 2012 | Removal date: 24 Jan 2013
Still in force

Tax or social insurance relief

On 25 January 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 8.780 which temporarily eliminates the Value Added Tax (VAT) on imports of 10,000 motor vehicles of the brand CHEVROLET corresponding to tariff line 8703.23.00.20.
 
This measure entered into force on the same day for the period of one year.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc

Please report this page in case you detect an inaccuracy in its content.