IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoTax or social insurance relief
On 14 August 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 9.133 which temporarily eliminates the Value Added Tax (VAT) on imports of 8,000 motor vehicles of the brand CHEVROLET corresponding to tariff line 8703.22.00.90.
This measure entered into force on the same day for the period of one year.
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