ANNOUNCEMENT 11 Jan 2011In January 2011, the government of Venezuela announced a change to the import-specific domestic duties.
NUMBER OF INTERVENTIONS
Presidential decree No. 7.992 of 2011 (in Spanish),
On 11 January 2011, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 7.992 which temporarily eliminates the Value Added Tax (VAT) on imports of telecommunication equipment from Cuba.
This measure entered into force on the same day for the period of two years.