Venezuela: Resolution introduces tariff codes exempted from payment of value-added tax, customs duties and customs service fee in determining the customs regime

In brief

Through 31 March 2022, certain television and communication equipment imported into Venezuela are exempt from the payment of value-added tax (VAT), custom duties and customs service fees.


The Ministry of Economy, Finance and Foreign Trade recently issued Resolution No. 005-2022 of 15 February 2022,1 which adds tariff codes 3921.90.90.00; 7326.20.00.00; 8302.49.00.00; 8528.71.19.00; 8528.71.90.00; 8538.90.90.00; and 9002.20.90.00 - covering television and communication equipment and supplies - to Appendix I of the decree that established the exemption of certain imports from the payment of VAT, custom duties and customs service fees. 2 (See our client alert on Decree No. 4,552 of 6 August 2021 here). Accordingly, until 31 March 2022, Venezuelan importers are not required to pay VAT, custom duties or customs service fees on television and communication equipment imported under these tariff codes.

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1 Resolution No. 005-2022 of 15 February 2022 (published in the Official Gazette No. 42,332 of 8 March 2022).

2 Decree No. 4,552 of 6 August 2021 (published in Official Gazette No. 6,636 of 6 August 2021). V. Background: "Venezuela: Decree established exemption from the payment of the Value Added Tax, Custom Duties and Customs Service Fee for Determination of the Customs Regime for several goods and economic sector". The decree's effectivity was extended until 31 March 2022.

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