The Peru tax authority (SUNAT) has published Report No. 151-2019-SUNAT/7T0000 concerning input VAT credits on imports. The report notes that input VAT credits may generally be claimed as long as the payment for the imported goods is considered a deductible cost for income tax purposes. The report clarifies that this condition may be considered met even if such costs are not fully deductible due to the application of customs valuation methods, in which case a credit for the full amount of input VAT paid on the import may still be claimed.