ANNOUNCED AS TEMPORARYNo
On February 9, 2012, the Government of Argentina introduced reference prices applicable to the importation of certain types of filament yarn of polypropylene, from China and the U.S., among others. The products subject to this measure are classified under the following tariff line of the MERCOSUR's Harmonized System: 5402.48.00.
These reference prices entered into force on February 13, 2012.
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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