ANNOUNCED AS TEMPORARYNo
On 1 April 2013, the Government of Brazil announced an import tariff reduction on certain vehicles such as: ambulances, used vehicles, military and agro industrial vehicles and flex fuel vehicles.
In accordance with the decree, as of 1 April 2013, the applicable tariff rate for ambulances, battery cars and cars for funerals will be 0%. Tariffs for flex-fuel vehicles will be reduced to 37% and those for certain vehicles of national production for military and agricultural purposes to 39% in 2013. The decree includes a tariff reduction schedule until 2018.
The products subject to the tax reduction are classified under the following headings of the MERCOSUR Harmonized System: 8701, 8702, 8703, 8704, 8706 and 8716.
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