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The National Law Center is a non-profit 501(c)(3) Research and Educational Corporation. © Copyright, 1996
Baker & McKenzie
Leopoldo E Ustariz (Caracas)
(58-2)953-0833
SENIAT Resolution No. 85 (Official Gazette No. 35,751 dated 12 July 1995) states that the unloading of shipments subject to customs inspection must be performed in the presence of National Tax Control Agency officials who shall record information regarding quantity and characteristics of the shipments, carrier, port of embarkation, date and schedule of unloading operations, total number of packages stated in the customs declaration, total number of unloaded packages, and the warehouse where the goods will be stored. All information relating to unloading and disassembling of shipments must be recorded on official forms unless the carrier maintains cargo indexes.
SENIAT Order No. 173, dated 9 November 1995 (Official Gazette No. 35,682 of 19 December 1995), authorizes reimbursement of taxes on imports to fifty-five exporting companies. SENIAT Customs Management is the office in charge of enforcing the ruling.
In Resolution No. 3,001 of 19 December 1995 (Official Gazette No. 35,863 of 20 December 1995), official CIF prices applied to imports of products identified as benchmarks in the Andean Pricing System were adjusted. The revised prices are as follows: pork meat (US$1,431 per metric ton), chicken pieces (US$1,169/t), whole milk (US$2,435/t), wheat (US$227/t), yellow corn (US$164/t), white corn (US$194/t), white rice (US$337/t), soy beans (US$286/t), raw soy bean oil (US$608/t), raw palm oil (US$642/t) and white sugar (US$418/t).
The information contained in this article should not form the basis of any decision as to a particular course of action; nor should it be relied on as legal advice or regarded as a substitute for detailed advice in individual cases.
The law is stated, except where otherwise indicated, as at 1 March 1996.
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