Skip to content 
Peru Import Tariff Rate Reference
Import Overview
Importers of agricultural tractors in Peru, be they individuals or corporate entities, are obliged to fulfill fiscal responsibilities in the form of import duties and applicable taxes. The valuation for these charges is predicated on the CIF (Cost, Insurance, and Freight) value of the equipment, which encompasses the total landed cost. Additionally, agricultural tractors introduced into the Peruvian market are subjected to a business tax, relevant surcharges, consumption taxes, as well as local levies and customs surcharges as mandated by law.
Tractor HS Code Reference
| HS Code | Explanation | Convert To Horsepower |
|---|---|---|
| 8701.92.00.00 | Other tractors with an engine power exceeding 18 kW but not exceeding 37 kW | 24 - 50HP |
| 8701.93.00.00 | Other tractors with an engine power exceeding 37 kW but not exceeding 75 kW | 50 - 100HP |
| 8701.94.00.00 | Other tractors with an engine power exceeding 75 kW but not exceeding 130 kW | 100 - 175HP |
| 8701.95.00.00 | Wheeled tractors with an engine power exceeding 130 kW | >175HP |
Reference Currency
Nuevo Sol, Peru
Tariff & Tax Data
| HS Code | Import Tariffs | General Sales Tax (IGV) | Municipal Promotion Tax |
|---|---|---|---|
| 8701.92.00.00 | 0% | 16.0 % (CIFD + ISC + TARIFF_SURCHARGE) | 2.0 % (CIFD + ISC + TARIFF_SURCHARGE) |
| 8701.93.00.00 | 0% | 16.0 % (CIFD + ISC + TARIFF_SURCHARGE) | 2.0 % (CIFD + ISC + TARIFF_SURCHARGE) |
| 8701.94.00.00 | 0% | 16.0 % (CIFD + ISC + TARIFF_SURCHARGE) | 2.0 % (CIFD + ISC + TARIFF_SURCHARGE) |
| 8701.95.00.00 | 0% | 16.0 % (CIFD + ISC + TARIFF_SURCHARGE) | 2.0 % (CIFD + ISC + TARIFF_SURCHARGE) |
Explanatory Notes
Import Tariff
Peruvian tariff rates range from 0% to 11%, with an average rate of 5.78%. Certain goods are exempt from customs duties, such as books, laptops and other electronics.
Surcharge
For imported goods, a tax with a tax rate between 0% and 5% is levied on the basis of the CIF price and the sum of tariffs. For agricultural tractors, this tax rate is 0%.
Tariff Surcharge
For imported goods, taxes with different tax rates are levied on the basis of the total CIF price, tariff, and consumption tax. While farm tractor is with 0%.
Starting Point
Imported merchandise is exempt from duty if it is delivered by express mail and the value of the goods (FOB) does not exceed $200. Note: A different threshold applies to imports by mail. This tax calculation only applies to imports via Express Mail.
Official Resource
1. Peru Customs Official Website
2. Peru Tariff Classification Summary
3. Import Commodity Code Search
4. Free Trade Agreement Description
FAQs to Get Preferential Tariff
In order to get a Preferential Tariff, the imported goods should comply with the Rules of Origin (RoO) which is proved by the certificate of Origin (CoO) at the time of importation.
CoO is a customs complementary document issued by the issuing Authority of CoO which states that the goods listed in the CoOare able to get a Preferential tariff.
Besides CoO being issued by the Issuing Authority, it also can be proved by:
Invoice Declaration issued by Certified Exporter, certified by Issuing Authority for implementing Self Certification scheme. Using Self Certification, the Certified Exporter can issue an invoice stating that the goods listed in the invoice can be granted a Preferential tariff.
1. Origin Criteria
2. Consignment Criteria
3. Procedural provision
ASEAN-China Free Trade Area(ACFTA): Form E
Disclaimer
All information disseminated through this website is derived directly from the official customs websites of each respective country or region. It is imperative to understand that the search results presented herein are solely for informational purposes and should not be construed as a legal basis for any transactions or obligations.
Additionally, any information pertaining to preferential tax rates obtained via this platform is intended to serve as a preliminary reference only. For official and legally binding tax rates, stakeholders are strongly encouraged to consult the official publications of the customs authorities in each specific country.
Request A Free Quote
We'd like to work with you
Send us a message if you have any questions or request a quote. Our experts will give you a reply within 24 hours and help you select the right farm machine you want.
