IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

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 Oct 2009 | Removal date: 21 May 2011
Still in force

Export tax

On 14 October 2009, the Federal Administration of Public Revenue (AFIP) issued General Resolution 2687 introducing reference values applicable to Argentine shortfin squid (illex argentinus) for export. The measure lists a free on board (FOB) price per kg in USD to each type of squid product including the countries of destination.
 
The reference values affect the Mercosur Nomenclature (NCM) code 0307.99.00 and the values for each type of squid range from USD 0.75 per kg to USD 3.10 per kg. There is also a tolerance level of 12%, i.e., the actual export price shall not deviate by more than 12% from the reference value noted in the resolution.
 
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 was effective on 22 October 2009 and replaced by General Resolution 3110/2011 on 19 May 2011 (see 'Related Measures').

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

212 Prepared & preserved fish, crustaceans, molluscs
0307 Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process; flours, meals and pellets of molluscs, fit for human consumpt
030799 Other

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