Guatemala Reviews Import Tariffs

The country’s tax authority (SAT) is reviewing all products which pay tariffs between 0% and 5% when entering Guatemala.

Thursday, July 22, 2010

SAT will analyze 6.500 tariff lines, to ensure the adequate tariffs are being paid.

Customs director Raul Díaz told Elperiodico.com.gt:“we are not witch-hunting to increase tax collection; it’s just a technical, non arbitrary process. The idea is to increase tax revenue, however”.



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More on this topic

Mexico Charges 20% Tariff on Shrimp from Honduras

August 2013

The new tax has been created by the Mexican government in retaliation for the suspension for health reasons on Honduran exports to the Mexican market.

The suspension of exports from Honduras to this country were put in place because of the threat of entry of early mortality syndrome (SMT by its initials in Spanish), which has caused great losses in the Mexican states of Sonora, Sinaloa and Nayarit.

Guatemala Trying to Control Grain Prices

June 2011

Officials are urging farmers to use quotas to avoid pushing the price of raw materials up further.

In order to minimize the upward pressure on the cost of raw materials, whose high prices are making staple foods more expensive, the government is looking at promoting the use of quotas on production.

Guatemala Authorizes Import of Duty-free Corn and Flour

February 2011

The Government allowed imports of 25 thousand tons of wheat flour and 82 thousand of corn.

The corn quota is to enter the country over the next three months and the wheat flour in the next six months.

Prensalibre.com reported that this entered in effect as two government decrees were published in the official newspaper on February 9, 2011.

Guatemala gets green light for zero tariffs to fight high food prices

June 2008

Central American trade authorities authorized Guatemala to impose zero tariffs on 10 products as a contingency measure.

The Council of Ministers for Central American Integration (Comieco) said the measure would reduce the impact of high food prices. Comieco did not say what products were involved.

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