In addition, Luis Arce explained that there will be a duty of between 0 and 15% on imports of vehicles originally manufactured to operate on petrol or diesel but converted to CNG before entering Bolivia.
Regarding petrol and diesel vehicles, Minister Arce said those units will pay an import duty “very similar” to the effective prior to new Supreme Decree. Old diesel vehicles will lose out, since they will “pay more taxes.”
The rule, published on February 5 on the Official Gazette website, is aimed at promoting the import of natural gas vehicles and discouraging those that use gasoline and diesel as a fuel.
Hernán Vega, general director of the Conversion to Natural Gas Vehicles Executing Agency (EEC-GNV), has recently told La Razón newspaper that Bolivian fleet consists of 1,205,356 vehicles, according to the Municipal Tax Administration Registry Office (RUAT). 24% of that amount is formed by NGVs, i.e. 288,519 vehicles. All those conversions to CNG were conducted in the last fourteen years.
