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The VAT tax lowered; More merchandise arrives at the port of Guayaquil
Posted On 02 Jun 2017
Ecuadornews:
Products such as fruits, clothing, footwear and others that are part of the list of imported products began to be cleared since yesterday, without paying any surtaxes.
A ship with 179 containers from Belgium, Germany, and Panama docked at the port of Guayaquil at 11:00 pm on Wednesday, May 31. However, started the customs clearance process on June 1st, the day when the surcharges on imported goods were lifted.
In March 2015, the Government imposed safeguards of between 5 and 45% for 2 961 imported goods, which were exempted from tariffs gradually (I).
Source: http://www.elcomercio.com/actualidad/iva-reduccion-productos-mercaderia-puertodeguayaquil.html