ANNOUNCED AS TEMPORARYNo
On March 3, 2011, the Government of Argentina introduced reference prices applicable to the importation of certain electrical machines and apparatus from China and other Asian countries. The product subject to this measure is classified under the following tariff line of MERCOSUR's Harmonized System: 8543.70.99.
These reference prices entered into force on March 7, 2011.
Argentina introduced reference values of precautionary nature forimported goods inJune2005(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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