AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
Resolution 418-E/2017 issued by the Ministry of Production of Argentina increases the export rebate on seven metal products classified under NCM 7601.20.00 including thick bars, wire rods and ingots. The new values range from USD 0.73 to USD 1.92 per exported unit. Previously values ranged from USD 0.72 to USD 1.90 per unit.
In this occasion, all these rebates related to the magnesium imported (NCM 8104.19.00) that was used to produce the exported goods.
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