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Tariff Charge Reduction For Electric Vehicles, Hybrid Vehicles And Charging Systems

Author:Ms Luz Adarve
Profession:Dentons
 
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The past 29th of June of 2017, the Ministry of Commerce, Industry and Tourism issued Decree 1116 of 2017, by which it established the following tariff charges:

0 % on imported electric vehicles; 5 % on the importation of hybrid vehicles; and 0 % on the imported chargers of the hybrid or electric vehicle batteries. The measure will be in place until 2027 and its purpose is to stimulate the use of vehicles which contaminate less, in order to protect human health and reduce non-renewable fossil fuel consumption.

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