DECREE NO. 5.207: VAT, IMPORTS TAX AND CUSTOMS REGIME DETERMINATION FEE EXEMPTIONS OVER IMPORTS AND SALES OF HYDROCARBON-DERIVED FUELS PERFORMED WITHIN THE NATIONAL TERRITORY
On January 9, 2026, Decree No. 5.207 was published in Official Gazette No. 43.292. Said decree grants exemptions of VAT, Imports Tax and Customs Regime Determination Fee, as well as any other tax applicable, over imports and sales of hydrocarbon-derived fuels, performed within the national territory.
Article 2 states that exemption beneficiaries, when filing a customs declaration, must provide the following: i) Imports Tax and Customs Regime Determination Fee exemption certificate issued by the National Tax Administration (SENIAT for its acronym in Spanish); ii) detailed list of the goods to be imported; and iii) commercial invoice issued to the office or entity responsible for the purchase of the goods to be imported.
Regarding the competent customs office, Article 3 commands exemptions beneficiaries to process all the imports through the same customs office. In case of need of another customs office, they must provide prior notice to said office.
On the other hand, article 4 exempts Great Financial Transactions Tax (IGTF for its acronym in Spanish) over sales of hydrocarbon-derived fuels. SENIAT must rule the corresponding conditions, timing, requirements and controls.
According to Article 6, failing to comply with the obligations established in Tax Organic Code and other tax regulations will cause the loss of the exemptions set herein.
This exemption shall be effective for a year starting on January 12, 2026.
This Decree No. 5.207 is issued to extend tax benefits contained in Decree No. 5.079 published in Official Gazette No. 43.044 of January 10, 2025, which grants exemptions of Value Added Tax, Imports Tax and Customs Regime Determination Fee, as well as any other tax applicable, over imports and sales of hydrocarbon-derived fuels, performed within the national territory.
Official Gazette No. 43.292 January 9, 2026, Decree No. 5.207: VAT, Imports Tax and Customs Regime Determination Fee exemptions over imports and sales of hydrocarbon-derived fuels performed within the national territory.
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