Taxonomy: Tariff Line Affected - 8704
Motor Vehicles For Transport Of Goods
Brazil: Local content tax incentives for automotive industry
Description
Decree no.Colombia: Import tariff increase on motor vehicles for public transport and transport of goods
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On 29 July 2011, Colombia’s Ministry of Commerce, Industry and Tourism published Decree No. 2658 establishing a 5 per cent import duty on motor vehicles for public transport and motor vehicles for transport of goods, effective immediately.Brazil: Extension of Investment Support Program
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On 6 December 2012, Brazil's government decided to extend its Investment Support Program (PSI) through 2013 with BRL 100 billion (USD 47.6 billion) to back subsidised loans for capital goods (e.g., machines, equipment).Colombia: Temporary elimination of import duties on 3,095 tariff lines to benefit agricultural and industrial sectors
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On 15 August 2012, the Ministry of Commerce, Industry and Tourism of the Republic of Colombia adopted Decree No.Brazil: Import tariff reduction on vehicles
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On 1 April 2013, the Government of Brazil announced an import tariff reduction on certain vehicles such as: ambulances, used vehicles, military and agro industrial vehicles and flex fuel vehicles.Brazil: Temporary tariff reduction on certain capital, information technology and telecommunications goods.
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On 1 April 2013, the Government of Brazil announced the temporary tariff reduction of the ad-valorem import duty applicable to certain capital, information technology and telecommunications goods.China: Exclusion of foreign made and joint-venture made vehicles from the 2012 Chinese Government procurement list
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On 24 February 2012, the Ministry of Industry and Information Technology (MIIT) of the People’s Republic of China released the 2012 Official Vehicles Procurement List (Draft Version for soliciting public opinions).Nigeria: Smoother customs procedures
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Sri Lanka: Elimination of value added tax on certain imported items
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On 1 January 2013, amendments to the VAT act of 2002 of Sri Lanka entered into force. Imports of the following items are excluded from VAT as from 1 January 2013 (HS codes in parenthesis):Turkey: Investment-related incentives for carmakers
Description
According to numerous and consistent international press reports of June 19, 2012, Mr Mehmet Zafer Çağlayan, Minister of Economy of the Republic of Turkey, has declared that investors who plan to produce at least 100,000 cars per year, or w
