IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 02 Dec 2014 | Removal date: 16 Aug 2015
Still in force

Import tariff

On December 2, 2014, the Colombian Ministry of Trade, Industry and Tourism issued Decree 2432 including to the list of raw materials and capital goods not produced locally and thus temporarily exempted from import duties two new tariff lines (2924.29.40.00 and 2933.71.00.00). Previously applicable import duties on these tariff lines were set at 5%.

 

List of raw materials and capital goods not produced locally exempted of import tariffs

On August 15, 2013, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1755/2013 establishing a list of raw materials and capital goods not produced locally exempted temporarily of import tariffs. The products removed from the list go back to the previous import-duty regime set on Decree 4927/2011.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2933 Heterocyclic compounds with nitrogen heteroatom(s) only.
293371 6Hexanelactam (epsiloncaprolactam)
352 Pharmaceutical products
2924 Carboxyamidefunction compounds; amidefunction compounds of carbonic acid.
292429 Other

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