ANNOUNCEMENT 02 Nov 2010

In November 2010, the government of Argentina announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Resoluci?n General 2953 of 22 October 2010, published in Official Gazette of 2 November 2010: http://www.infoleg.gob.ar/infolegInternet/anexos/170000-174999/174348/norma.htm

Managed Exports and the Recovery of World Trade: The 7th GTA Report (Chapter 4, p. 55): http://www.globaltradealert.org/managed-exports-7th-gta-report

2014 National Trade Estimate Report on Foreign Trade Barriers (pp. 20-21): http://www.ustr.gov/about-us/press-office/reports-and-publications/2014-NTE-Report


Inception date: 04 Nov 2010 | Removal date: 31 Dec 2018
Still in force

Import tariff

On November 2, 2010, the Government of Argentina has introduced reference prices applicable to certain parts of string instruments classified under tariff subheading NCM 9209.92.00.

The new reference price has been established at a FOB value of USD 10.80 per kilogram. Previously to this resolution, no import criterion values applied to this product.

The new reference prices affect the following jurisdictions: the Republic of Korea, Democratic People's Republic of Korea, China, Chinese Taipei, Philippines, Hong Kong, India, Indonesia, Malaysia, Pakistan, Singapore, Thailand and Vietnam.
 
The measure took effect on 4 November 2010.
 
Argentina introduced reference values of precautionary nature forimportedgoodsinJune2005(in Spanish:valorescriteriodecarácter preventivo). The stated purpose is to strengthen customs control and prevent under-invoicing. Importers are required to provide guarantees for the difference in duties and taxes if the declared price of an import is lower than its reference price (see 7th GTA Report and 2014 National Trade Estimate Report).A list with all current import reference prices can be consulted under:www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf

Update
On 21 December 2018, the Federal Public Revenue Administration of Argentina has adopted General Resolution 4372/2018 increasing the reference price for imports of certain parts of string instruments classified under tariff subheading NCM 9209.92.00. The new legislation revokes General Resolution 2953/2010 and entered into force on 31 December 2018 (please, see related state acts). 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A