ANNOUNCED AS TEMPORARYNo
One of the changes introduced by CAMEX in Resolution 46 adopted on 3 July 2018, led to the increase of the import duties set on under the following tariff subheadings: NCM 0901.21.00, 3002.20.29, 3004.90.69, 3006.30.29, 3926.90.40, 8716.39.00 and 9021.10.20. The new import tariffs range between 4% and 1222% according to the WTO database. Previously, the applicable duties range between 0% and 4%, depending on the product.
List of Exceptions to the Common External Tariff
The tariff codes were included in the List of Exceptions to the Common External Tariff (LETEC) of Mercosur. LETEC is a mechanism that allows member states of Mercosur to apply customs duties that are lower or higher than otherwise listed in the Mercosur Common External Tariff schedule. However, the tariffs shall not surpass the ceilings given by the WTO.
Mercosur Decision CMC no. 26/15 gives Brazil the right to maintain a LETEC of 100 codes based on the NCM until 31 December 2021.
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