ANNOUNCEMENT 03 Nov 2009In November 2009, the government of Venezuela announced a change to the import-specific domestic duties.
NUMBER OF INTERVENTIONS
Gaceta Oficial. (3 November 2009). Decree 6994, p.372.682. Available at http://www.tsj.gov.ve/gaceta/Noviembre/3112009/3112009.pdf
On 3 November 2009, the government of Venezuela issued a decree in which it freed 52 products used in electricity generation from value added tax (Impuesto al Valor Agregado). However, this tax reduction is conditional on a ministerial certificate stating that domestic supply of a given good is insufficient to cater to domestic needs.