ANNOUNCEMENT 02 Jun 2010

In June 2010, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



CAMEX Resolution n? 39, from June 2nd, 2010 - http://www.mdic.gov.br/arquivos/dwnl_1275666014.pdf


Inception date: 02 Jun 2010 | Removal date: open ended
Still in force

Import tariff

On June 2nd, 2010, the Brazilian government announced tariff increases on the ad-valorem import duty for prepared or preserved sardines from 16% to 32% and for jute from 0% to 8% . These products are classified respectively under the codes 1604.13.10 and 5303.10.10 ofthe Mercosur Common Nomenclature (NCM), respectively.
 
The average bound tariff of the products concerned is 35%.
 
It is important to note that the product 5303.10.10 (jute) was on the Brazilian list of exceptions of the Common External Tariff of Mercosur, and now is back to its original rate.
 

AFFECTED SECTORS

 

AFFECTED PRODUCTS