ANNOUNCED AS TEMPORARYYes
On 25 August 2020, the Brazilian Foreign Trade Chamber (Camex) issued Resolution No. 78 eliminating the import tariffs on 165 capital goods enclosed in 100 eight-digits tariff lines. Furthermore, 30 additional ex-trifários were added to previous regulations (please, see related state acts).
According to the WTO database, previous applicable duties ranged between 3.5% and 16.2% depending on the product.
The list of capital goods announced in the new regulation is added to the list adopted in February via Resolution Nº 14, hence the application period of these legislations are linked (please, see related state acts).
Resolution No. 78 entered into force on 1 September 2020 and applies until 31 December 2021.
The tariffs were reduced under Brazil's ex-tarifário regime, which allows temporary customs duty exceptions under the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
The measure was additionally introduced simultaneously with Camex Resolution No. 79 that reduces the tariff on IT and telecommunications products (see related state act). Both resolutions produce 217 ex-tarifários.
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