ANNOUNCED AS TEMPORARYNo
On 28 December 2012, the Federal Administration of Public Revenue (AFIP) issued General Resolution 3429 adopting reference values applicable to raw leathers and skins for export.
The reference values affect the following codes belonging to the Mercosur Nomenclature (NCM):
Argentina introduced reference values of precautionary nature for exportgoods in 2005 (in Spanish: valores referenciales de carácterpreventivo). The stated purpose is to safeguard the revenue derived fromthe payment of export duties (see WTO Trade Policy Review).The reference values are based on free on board (FOB) prices in USD. Alist with all current reference values can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
The measure entered into force on 2 January 2013.
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