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Ongoing Customs Adjustment Procedure Initiated by the Colombian Tax and Customs Authority

  • On June 3, 2025, the Colombian Tax and Customs Authority notified Ecopetrol about Special Customs Requirement No. 525 regarding an adjustment assessment related to Value Added Tax on diesel fuel imports.
  • The total amount of the proposed adjustment and penalty by DIAN is COP 1.2 trillion, plus estimated interest of COP 0.5 trillion.
  • Ecopetrol formally opposed the proposed tax adjustment and penalty in a response submitted on July 1, 2025, as they believe the adjustment is unjustified.
  • Ecopetrol has been paying VAT on diesel and gasoline at a rate of 19% since January 2025, affirming its commitment to comply with tax obligations.
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Ongoing Customs Adjustment Procedure Initiated by the Colombian Tax and Customs Authority

BOGOTA, Colombia, July 2, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol") reports that, on June 3, 2025, the Colombian Tax and Customs Authority ("DIAN") notified Ecopetrol of Special Customs Requirement No. 525, in accordance…

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PR Newswire broke the news in United States on Thursday, July 3, 2025.
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