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: 18 Nov 2013 | Removal date: open ended
Still in force

Import tariff

On 14 November 2013, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3546 which increases the reference prices on imports of vests, sweaters, and cardigans out of wool, cotton, and synthetic fibers from Asian and Latin American countries (see 'Affected Trading Partners'). The items figure under the HS-Code 6110 and the corresponding reference prices range from USD 7.7unit to USD 36/unit free on board (FOB).
 
Argentina introduced reference values of precautionary nature for import goods in June 2005. The stated purpose is to strengthen customs control and prevent under-invoicing. Importers are required to provide guarantees for the difference in duties and taxes if the declared price of 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
 
The abovementioned measure took effect on 18 November 2013 and suspends General Resolution 3087 of 8 April 2011 (see 'Related Measures').

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

282 Wearing apparel, except fur apparel
6110 Jerseys, pullovers, cardigans, waistcoats and similar articles, knitted or crocheted.
611011 Of wool
611020 Of cotton
611030 Of manmade fibres

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