This week, the Venezuelan government announced its decision to exempt the import of fuels and additives from taxes.

This is stated in Official Gazette No. 43,292, dated January 9, 2026, which published Decree No. 5,207, establishing the exemption from “Value Added Tax, Import Tax, and Customs Regime Determination Fee, on definitive imports and sales within the national territory of fuels derived from hydrocarbons.”

The Decree also establishes the exemption for “inputs and additives intended to improve the quality of gasoline, produced directly by the State, or by companies wholly owned by the State, or by mixed enterprises with State and private capital participation in any proportion, and by private companies, in accordance with the provisions of Article 58 of the Organic Hydrocarbons Law.”

To comply with this government order, it is specified that, for the purpose of enjoying the tax exemption, beneficiaries must submit the following documents to the respective Customs Office when registering their declaration:

– A descriptive list of the tangible personal property to be imported.

– A commercial invoice issued to the agency or entity responsible for acquiring the tangible personal property to be imported.

– An official letter of exemption from Import Tax and the Fee for Determining the Customs Regime issued by the National Integrated Customs and Tax Administration Service (SENIAT).

The legal instrument also specifies that “the final imports of tangible personal property must be carried out through the same customs office chosen by the beneficiary of the exemption.” If the beneficiary needs to make final imports of tangible personal property through a customs office other than the one selected, they must notify the customs office of entry.

M.Pino

Source: ultimasnoticias

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The president of the National Association of Supermarkets and Self-Services (ANSA), Italo Atencio, indicated that the proposal for four days without Value Added Tax (VAT) to stimulate consumption was delivered to the Ministry of Commerce.

Atencio recently pointed out that it is not a new initiative, but based on experience in other countries, such as Colombia and Ecuador, where sales have seen a notable increase with the temporary elimination of VAT.

The president of ANSA maintains that the objective is to break the inertia of the commercial dynamic by stimulating consumption. In an interview for Unión Radio, he stressed that last year consumption in the supermarket and self-service sector was low, but that this year an increase between 4 and 5 % is expected.

The proposal for four days without VAT is aimed at allowing people to make additional purchases per kilo in items such as pasta, meat or corn flour, which are part of the Venezuelan’s basic basket.

Atencio mentioned that changes in national regulations and time are required to implement the proposal. On the other hand, he indicated that it is necessary to resolve the problem of the purchasing power of the population, since although consumption increased in the first quarter of 2024, it is not about necessities but rather snacks or cookies, which was 15 %.

M.Pino

With information from national media and social networks

(Reference image: Nathália Rosa on Unsplash)

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