ANNOUNCED AS TEMPORARYNo
Import tariff quota
Resolution 46 adopted by CAMEX on 3 July 2018 also established new import tariff quotas on 3 tariff lines (NCM 4805.92.90, 5501.30.00 and 7601.10.00). The new duties, according to the data provided by the WTO and the Resolution, have been reduced as it follows:
Prior to this resolution, none of the above tariff lines enjoyed an import tariff quota.
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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