Venezuela gov declares 5 years exemption for imports of medical goods, consumables http://www.avn.info.ve/node/103417    The Government of Venezuela exonerated for five years the payment of the Value Added Tax (VAT), custom duties and any other tax established in the Organic Law on Customs to imports of medical goods, materials and consumables. Also for the importation of vehicles and equipments used for the construction of hospitals and factories of health products.

The measure has been implemented for imports carried out in the framework of cooperation agreements endorsed between Venezuela and China, Colombia, Portugal, Turkey and Germany.

The Venezuelan Custom and Tax Office, SENIAT, will be in charge of nationalizing imported goods, once products have been properly identified to be part of the agreements reached by the country.