ANNOUNCED AS TEMPORARYNo
On 21 June 2013, the Brazilian Foreign Trade Chamber (Camex) decided to reduce the tax rate on imported beans, other than white, from 10 per cent to 0 per cent. The following MCN (Mercosur Common Nomenclature) items were affected by the measure:
- 0713.33.19 - black beans, tax rate went from 10 per cent to 0 per cent
- 0713.33.99 - other types of beans except for white, tax rate went from 10 per cent to 0 per cent .
The reason for the measure is a shortage of beans and high prices.
However, as a Mercosur member, Brazil takes part in the Common External Tariff of Mercosur (TEC) and has only a limited amount of slots on the Common External Tariff of Mercosur Exception List (LETEC). As the Brazilian list provided no room for further exceptions, the government had to exclude two items from the Exception List and let their import tariffs rise. These items are
- 2903.91.20 - o-Dichlorobenzene, tax rate went from 2 per cent to 12 per cent
- 2008.70.90 - peaches and nectarines, tax rate went from 55 per cent to 35 per cent
The Camex resolution nr. 47/2013 stays in force from 24 June 2013 until 30 November 2013.
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