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In a variety of sectors, the Argentinian government has introduced reference prices for imported products from specified regions. Through consecutive notifications and starting in January 2009, the Argentine customs authority has regulated imports in sectors such as yarn and textiles, leather produce, glass, basic metals as well as in furniture and electronic equipment.
Argentina introduced reference values of precautionary nature forimportedgoodsinJune2005(inSpanish:valorescriteriodecarácterpreventivo).Thestatedpurposeistostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesforthedifferenceindutiesandtaxesifthedeclaredpriceofanimport 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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