Peru - Country Commercial Guide
Customs Regulations

Includes customs regulations and contact information for this country's customs office.

Last published date: 2021-10-07

The customs duties and other import taxes for consumption that should be applied are those in force on the date of birth of the customs tax obligation, which occurs in accordance with the provisions of article 140 of the General Customs Law

Despite having signed the WTO customs valuation procedure, SUNAT uses a referential price verification system (Sistema de Verificación de Precios, SIVEP) and related database for price consultation of goods from each country and from different suppliers. This allows for comparison of declared values in commercial invoices and adjusting identical or similar merchandise prices that are less expensive than the average. SUNAT accepts discounts, as long as any discount appears on the bill and is unincorporated from the normal sales value, but the reason for the discount should be indicated for approval. SUNAT often requests the importer provide a Manufacturer’s Price List. This document must be certified by the Peruvian consulate in the country of purchase. This price list should not be addressed specifically to the importer, but rather include general information. This is very important in order to be accepted by SUNAT.

This system has resulted in several complaints from local importers claiming that SUNAT is over assessing values. For SUNAT to accept the invoice value, it must be accompanied by a price list, and the discount must be described and detailed in the invoice. Payment terms must also be detailed. The customs chapter of the PTPA addresses the referential pricing issue and is consistent with Peru’s WTO obligations.

In 2018, representatives from SUNAT and the U.S. Customs and Border Protection (CBP) signed an Authorized Economic Operator (AEO) trusted trader program.  This streamlines the customs clearing processes for qualified entities between the two countries and is a very important step towards facilitating trade.