ANNOUNCED AS TEMPORARYNo
Import tariff quota
On August 29, 2017, the Brazilian Foreign Trade Council (Camex) issued Resolution No 72 establishing a temporary import tariff quotas at 0% for 1.2 billion of litre on ethanol. This quota is set for two years and it is limited to 150,000 litres per term. The new legislation also increases the import duty outside the quota to 20% FOB value whereas previously it was set at 0%.
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