ANNOUNCEMENT 14 Aug 2012In August 2012, the government of Venezuela announced a change to the import-specific domestic duties.
NUMBER OF INTERVENTIONS
Presidential decree No. 9.134 of 2012 (in Spanish),
On 14 August 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 9.134 which temporarily eliminates the Value Added Tax (VAT) on imports of audiovisual goods such as microphones, loudspeakers, record players, turntables, video recording equipment, etc.
This measure entered into force on the same day for a period of two years.