IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
YesNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoOn October 31, 2016, the Brazilian Foreign Trade Council (Camex) issued Resolution No. 107 decreasing the import tariff on thirty-five products from the IT and telecommunications sector. The new duty was set at 2%. The measure entered into force on November 1, 2016, and was meant to be in force until June 30, 2018. However, on August 16, 2017, CAMEX issued Resolution 64, introducing a new duty (see related state acts).
Ex-tarifário regime
The tariffs were reduced under Brazil's ex-tarifário regime, which allows temporary customs duty exceptions under the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
The measure was additionally introduced simultaneously with Camex Resolution No. 108 that reduces the tariff on capital goods (see related measures). Both resolutions produce 479 ex-tarifários.
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