Peru Import Regulations

Key Shipping Information

• • Destination Port: Matarani
• • Time of Shipment: RORO: 24-36 days
• • Vessel Schedule: Monthly (RORO)

Vehicle Import Rules & Regulations

• • Max. 5 Years Old: Vehicles older than 5 years are not allowed for importation. However, certain exceptions apply for specific types of vehicles such as diesel-powered ones in passenger and cargo transportation categories, with different age limits.

Duties & Taxes

• • Selective Consumption Tax: Applied on the total Customs value and Ad/Valorem Customs duties.
• • General Sales Tax (IGV): 17% applied on the total Customs value, Ad/Valorem CIF customs duties, and Selective Consumption Tax.
• • Municipal Promotion Tax: 2% applied on the total of Customs value, Ad/Valorem CIF Customs duties, and the Selective Consumption Tax.

Required Documentation

• • Certificate of Title and Registration: Original from the country of origin.
• • Insurance Policy: Proof of an insurance policy must be provided.
• • Bill of Lading (BOL): Provided to indicate the shipment and vehicle details.
• • Original Passport: The importer's original passport is required as identification.
• • Inspection Certificate: From a certified body to confirm compliance with local regulations.
• • Gas Emissions Certificate: Necessary to ensure the vehicle meets Peruvian environmental standards.
• • Declaration of Value: A customs declaration document detailing the vehicle’s value.
• • Purchase Invoice: Original invoice showing the details of the transaction.

SUNAT Valuation Process

• • Referential Price Verification: SUNAT uses a system to assess the vehicle's value. Declared values are compared with their database to ensure fair market pricing.
• • Value Adjustments: SUNAT might adjust values if declared prices are lower than the market average.
• • Manufacturer’s Price List: In some cases, this list may be requested and must be certified by the Peruvian consulate in the country of purchase.

Customs & Special Considerations

• • WTO Valuation: SUNAT follows the WTO custom valuation procedure, including a comparative process for market value alignment.
• • Bonded Warehouses: Importers have 12 months to clear customs or re-export vehicles stored without duty payment. Duties must be paid before clearance.
• • Tariff Preferences: A certificate of origin may be required (especially from Japan or U.S.) to qualify for preferences and avoid delays.

Additional Notes

• • Environmental Standards: Gas Emissions Standards are strictly enforced. A Gas Emissions Certificate is required to verify the vehicle meets Peruvian standards.
• • Safety Compliance: Vehicles must comply with local safety and regulatory standards, including mechanical condition and emissions inspections.