ANNOUNCED AS TEMPORARYNo
On May 6, 2011, the Government of Brazil announced the temporary tariff reduction of the ad-valorem import duty applicable to certain telecommunications, information technology, and capital goods.
The Brazilian legislation, through the "ex-tarifarios" regime authorizes the temporary reduction of the ad-valorem import duty of capital and information technology goods, its parts, pieces and components. This temporary reduction may take place whenever it is found that there is no domestic production of these goods. To implement these reductions, the Brazilian authorities are allowed to create new tariff positions.
Through this resolution, the Brazilian Government determines the temporary application of a 2% ad-valorem import duty for certain telecommunications, information technology, and capital goods, classified under Chapters 73, 84, 85, 87, 90 and 94 of the Harmonized Tariff System.
Both resolutions are effective 6 May 2011 to 30 June 2012.
⚑ Please report this page in case you detect an inaccuracy in its content.