ANNOUNCEMENT 11 Nov 2010

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

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Resoluci?n General 2956 of 4 November 2010, published in Official Gazette of 11 November 2010: http://www.infoleg.gob.ar/infolegInternet/anexos/170000-174999/174875/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: 11 Nov 2010 | Removal date: open ended
Still in force

Import tariff

On November 11, 2010, the Federal Administration for Public Revenue of Argentina adopted General Resolution 2956/2010 increasing the reference prices applicable to the importation of steam irons originating in certain locations. The product subject to this measure is classified under the following tariff line of MERCOSUR's Harmonized System: 8516.40.00.

The new reference prices entered into force on 15 November 2010.

The new reference prices have been increased from a FOB value ranging between USD 8.00 and USD 9.00 per unit depending on the country of origin to a single FOB value of USD 13.50 per unit. The previous applicable values were set at External Notice 100/2008.

This General Resolution affects the following jurisdictions: the Republic of Korea, Democratic People's Republic of Korea, Philippines, Hong Kong, India, Indonesia, Malaysia, Pakistan, Singapore, Thailand, Vietnam, Brazil, Colombia, Chile, Ecuador, Paraguay and Uruguay.

Import Criterion Values
Argentina introduced reference values of precautionary nature for imported goodsinJune2005(in Spanish:valorescriteriodecarácterpreventivo). 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

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
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Inception date: 15 Nov 2010 | Removal date: open ended
Still in force

No title

General Resolution 2956/2010 adopted by the Federal Administration for Public Revenue of Argentina On November 11, 2010, also decreased the reference prices applicable to the importation of electric irons (without steam) originating in certain locations. The product subject to this measure is classified under the following tariff line of MERCOSUR's Harmonized System: 8516.40.00.

The new reference price has been decreased from a FOB value of USD 8.00 per unit to a FOB value of USD 7.50 per unit. The previous applicable values were set at External Notice 100/2008.

This General Resolution affects the following jurisdictions: the Republic of Korea, Democratic People's Republic of Korea, Philippines, Hong Kong, India, Indonesia, Malaysia, Pakistan, Singapore, Thailand, Vietnam, Brazil, Colombia, Chile, Ecuador, Paraguay and Uruguay.

The new reference prices entered into force on 15 November 2010.

Import Criterion Values
Argentina introduced reference values of precautionary nature for imported goodsinJune2005(in Spanish:valorescriteriodecarácterpreventivo). 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

 
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