ANNOUNCED AS TEMPORARYYes
On December 22, 2016, the Brazilian Foreign Trade Council (Camex) issued Resolution No. 133 decreasing the import tariff on nine products from the IT and telecommunications sector. The new duty was reduced from 16%, 14%, 12% and 6% to 2% depending on the product. This state act entered into force on December 23, 2016, and was meant to be in force until December 31, 2018, however, on August 16, 2017, CAMEX issued Resolution 64, introducing a new duty (see related state acts).
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. 134 that reduces the tariff on capital goods (see related state acts). Both resolutions produce 315 ex-tarifários.
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