ANNOUNCEMENT 28 Jul 2010

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



CAMEX Resolution n? 52, from July 28th, 2010 - http://www.mdic.gov.br/arquivos/dwnl_1280429433.pdf


Inception date: 29 Jul 2010 | Removal date: 27 Jan 2011
Still in force

Import tariff

On July 28th, 2010, the Brazilian government announced temporary tariff reduction on the ad-valorem import duty from 12% to 2% for flat-rolled products of iron classified under the items 7208.51.00 and 7210.90.00 of the Mercosur Common Nomenclature (NCM) tariff code.
 
It is important to note that this tariff reduction was implemented for reasons of shortage, under Resolution No. 69/00 of the Common Market Group of
Mercosur.
 
The tariff reduction of the item 7208.50.00 is limited to a quota of
800 tons.
 
The tariff reduction for the item 7210.90.00 is limited to a quota of
250 tons.

AFFECTED SECTORS

 

AFFECTED PRODUCTS