ANNOUNCED AS TEMPORARYNo
On 15 August 2013, the Government of Argentina adopted reference prices applicable to the importation of synthetic fibers and certain toys from China, South Korea, Malaysia, and other Asian countries.
The HS codes in question are 5503.4000 and 9503.0099. In comparison to the preceding measure on synthetic fibres, i.e., General Resolution 3499/2013 (see "Related Measures"), this one lists five additional items under HS code 9503 and one under HS code 5503.
These reference prices entered into force on 19 August 2013.
Argentina introduced reference values of precautionary nature forimported goods in June 2005 (in Spanish: valores criterio de carácterpreventivo). The stated purpose is to strengthen customs control andprevent under-invoicing. Importers are required to provide guaranteesfor the difference in duties and taxes if the declared price of animport is lower than its reference price (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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