ANNOUNCED AS TEMPORARYNo
On December 27th 2010, the Brazilian government announced a temporary tariff reduction on the ad-valorem import duty from 12% to 2% for the product code 721090 classified under the Mercosur Common Nomenclature (NCM). This tariff reduction is limited to a quota of 800 tons.
It is important to note that this tariff reduction was implemented for reasons of shortage.
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