ANNOUNCED AS TEMPORARYNo
On November 26, 2010, the Government of Argentina adopted reference prices applicable to the importation of woven fabrics of artificial staple fibers from China, Indonesia, Singapore, Vietnam and other Asian countries.
The products subject to this measure are classified under the following tariff lines of MERCOSUR's Harmonized System: 5516.21.00, 5516.22.00, 5516.23.00 and 5516.24.00.
The measure took effect 26 November 2010.
Argentina introduced reference values of precautionary nature forimported goodsinJune2005(inSpanish:valorescriteriodecarácterpreventivo).Thestatedpurpose is tostrengthencustomscontrolandpreventunder-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
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