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: 22 Apr 2014 | Removal date: open ended
Still in force

Import tariff

On 10 April 2014, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3614 which introduces reference prices on imports of gloves, wristlets, and mittens originating from various Asian countries. The items figure under the Mercosur Nomenclature 6116.91.00, 6116.92.00, 6116.93.00, and 6116.99.00. The corresponding reference prices, which represent free on board values, range from USD 6/kg to USD 12/kg.
 
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 measure took effect on 22 April 2014.

AFFECTED COUNTRIES

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