ANNOUNCED AS TEMPORARYNo
On December 7, 2011, the Government of Argentina adopted reference prices applicable to the importation of certain types of terry toweling and similar woven terry fabrics from China and other Asian countries. The product subject to this measure is classified under the following tariff line of MERCOSUR's Harmonized System: 5802.19.00.
These reference prices entered into force on December 9, 2011.
Argentina introduced reference values of precautionary nature forimported goods in June 2005 (in Spanish: valorescriteriodecarácterpreventivo). The statedpurpose is tostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesfor thedifference indutiesandtaxesifthedeclaredprice ofanimport 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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