ANNOUNCED AS TEMPORARYNo
On June 22, 2012, the Government of Argentina introduced reference prices applicable to the importation of certain type of woven fabrics of cotton from Brazil, Paraguay and other countries.
The products subject to this measure are classified under the following tariff lines of the MERCOSUR's Harmonized System: 5209.11.00, 5209.12.00, 5209.22.00, 5209.29.00, 5209.31.00, 5209.32.00, 5209.39.00, 5209.41.00, 5209.42.10, 5209.42.90, 5209.43.00, 5209.49.00, 5209.51.00, 5209.52.00 and5209.59.00.
These reference prices are effective on June 26, 2012.
Argentina introduced reference values of precautionary nature forimported goods in June 2005 (in Spanish: valores criterio decarácterpreventivo). The stated purpose is to strengthencustomscontrolandprevent under-invoicing. Importers arerequired toprovideguaranteesfor the difference in dutiesand taxes ifthedeclaredprice of animport is lower thanitsreferenceprice(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 <U+200E>
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