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31664 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 17 - Internal Revenue Code of 2011/
  6. Part IV - Excise Taxes/
  7. Chapter 1033 - Exemptions to Taxes on Goods § 31651 - Exemptions, Powers of the Secretary/
  8. 31664
Puerto Rico Legal Code

31664

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The goods introduced or manufactured in Puerto Rico to be sold in stores established in air or maritime terminals that are duly authorized to sell duty-free goods to persons leaving the jurisdictional limits of Puerto Rico shall be exempt from the payment of excise taxes. This exemption shall be granted when the store that sells them:(a) Has the required license to operate this type of business.(b) Meets the requirements established to such effects by the Secretary for the sale of duty-free goods and the regulations adopted for the granting of said exemption.(c) Delivers the duty-free goods on board the plane or vessel in which the acquirer is to travel, or in the area or immediate boarding concourse of the air or maritime vessel. History —Jan. 31, 2011, No. 1, § 3030.14, retroactive to Jan. 1, 2011.