Travieso Evans Arria Rengel & Paz

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Administrative Formalities for Importation of Finished Products, Consumable Supplies, Raw Material

The purpose of this news is to confirm that Presidential Decree No. 928 will cease to be in force on December 31, 2014.  The purpose of said Decree is to expedite the administrative formalities and operating procedures required under the current legislation in order to import the finished products, consumable supplies, and raw material indicated in the Decree.  The Decree was published in Official Gazette No. 40,397 of April 23, 2014.

 

The Decree establishes the list of goods that are considered to be a priority for national supply and, therefore, the expediting mechanisms established in the Decree will be applied to the formalities for the importation and inward customs clearance of the same. The goods indicated in the Decree belong to the following lines of business: (i) food; (ii) consumable supplies for priority food products; (iii) ground freight transportation, ground transportation for agricultural purposes or for public service; (iv) home cleaning and personal care products; (v) medicines; (vi) medical surgical material; (vii) disposable medical clothing; (viii) radio frequency electrosurgical apparatuses, electrosurgical units; (ix) knee and intraocular prostheses; (x) contraceptive methods; (xi) in vitro diagnostic medical devices; (xii) products for disinfection of surgical areas, biological detergents for instrument cleaning; (xiii) odontological consumable supplies; (xiv) raw material and consumable supplies and (xv) accessory consumable supplies of the chain of health consumable supplies. Likewise, the expediting and simplifying mechanisms established in the Decree will be applied to the products, subproducts, raw material and consumable supplies required in the productive processes or subprocesses of the aforesaid items.

 

“NOTE: THIS INFORMATION SHOULD NOT BE CONSTRUED AS LEGAL ADVICE ON ANY SPECIFIC MATTER AND ITS CONTENT ARE INTENDED AS A MANAGEMENT ALERT AS TO CURRENT DEVELOPMENTS IN VENEZUELA, ANY SPECIFIC LEGAL QUESTIONS REGARDING THE POSSIBLE APPLICATION OF NEW OR PROPOSED LEGISLATION TO PARTICULAR SITUATIONS SHOULD BE ADDRESSED TO TRAVIESO EVANS ARRIA RENGEL & PAZ.”