Venezuela published Decree No. 4.767 in the Official Gazette on 13 January 2023, which provides an exemption from VAT and customs duty on the import and sale of hydrocarbon fuels and related inputs and additives intended to improve fuel (gasoline) quality. The Decree also provides a financial transactions tax exemption on local sales of hydrocarbon fuels and related inputs and additives. The decree entered into force on the date it was published, 13 January 2023, and will apply for one year, until 13 January 2024.