Global Trade Alert

On November 2, 2010, the Government of Argentina introduced reference prices applicable to and accessories for musical instruments imported from China, India, South Korea, Indonesia and other Asian countries. The product subject to this measure is classified under the following tariff lines of MERCOSUR's Harmonized System: 9209.92.00.
 
The measure took effect on 4 November 2010.
 
Argentina introduced reference values of precautionary nature forimportedgoodsinJune2005(inSpanish:valorescriteriodecarácterpreventivo).Thestatedpurpose istostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesforthedifferenceindutiesandtaxesifthedeclaredpriceofanimport islowerthanitsreferenceprice(see 7th GTA Report and 2014 National Trade Estimate Report).A list with all current import reference prices can be consulted under:www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf