IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 21 May 2013 | Removal date: open ended
Still in force

Import tariff

On 13 May 2013, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3497 which introduces reference values on imports of various types of synthetic fabrics (such as polyester) originating from various Asian countries. The goods figure under the Mercosur Nomenclatures (NCM) 5513.12.00, 5513.23.10, 5513.39.11, and 5513.49.11. The corresponding reference prices are free on board (FOB) and range from USD 3.83to USD 8.47 The measure took effect on 21 May 2013.
 
Argentina introduced reference values of precautionary nature for importgoods in June 2005. The stated purpose is to strengthen customs controland prevent under-invoicing. Importers are required to provideguarantees for the difference in duties and taxes if the declared priceof an import is lower than its reference price (see 7th GTA Report and 2014 National Trade Estimate Report). A list with all current reference prices can be consulted under: www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf
 
On 7 February 2014, thereference prices for NCM 5513.23.10 were suspended by General Resolution 3585/2014 (see 'Related Measures').

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

267 Woven fabrics of man-made filaments & staple fibres
5513 Woven fabrics of synthetic staple fibres, containing less than 85 % by weight of such fibres, mixed mainly or solely with cotton, of a weight not exceeding 170 g/m².
551312 3thread or 4thread twill, including cross twill, of polyester staple fibres
551323 Other woven fabrics of polyester staple fibres
551339 Other woven fabrics
551349 Other woven fabrics

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