ANNOUNCED AS TEMPORARYNo
On 17 November 2011, the Federal Administration of Public Revenue (AFIP) issued General Resolution 3223 decreasing the reference values applicable to powdered milk for export to certain countries.
The following Mercosur Nomenclature (NCM) codes are affected:
Argentina introduced reference values of precautionary nature for exportgoods in 2005. The stated purpose is to safeguard the revenuederivedfrom the payment of export duties (WTO Trade Policy Review). The values are based on free on board (FOB) prices in USD. A list with all current reference prices can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
The export-related reference values took effect on 24 November 2011 and were replaced new prices stipulated in General Resolution 3543/2013 on 28 November 2013(see Related Measures).
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