ANNOUNCEMENT 04 Jul 2011

In July 2011, the government of Argentina announced a change in import duties.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Resoluci?n General 3142 of 24 June 2011, published in Official Gazette of 4 July 2011: http://www.infoleg.gob.ar/infolegInternet/anexos/180000-184999/184033/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: 05 Jul 2011 | Removal date: open ended
Still in force

Import tariff

On July 4, 2011, the Government of Argentina adopted General Resolution 3142/2011 changing the reference prices applicable to the importation of certain type of frames and mountings for spectacles, corrective spectacles.

The products subject to this measure are classified under tariff line NCM 9003.19.10.

In particular, the new General Resolution has increased the reference prices set on titanium frames from USD 3.14 to USD 7.85 per unit and from USD 2.09 to USD 7.07 per unit.

The new import criterion values 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.

This General Resolution entered into force on 5 July 2011.

 
Import Criterion Values
Argentina introduced reference values of precautionary nature forimported goods in June 2005(inSpanish:valorescriteriodecarácterpreventivo).Thestatedpurpose is tostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesfor thedifferenceindutiesandtaxesifthedeclaredpriceofanimport islowerthanitsreferenceprice(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

 
Inception date: 11 Jul 2011 | Removal date: open ended
Still in force

Import tariff

The changes introduced by General Resolution 3142/2011 adopted by the Federal Administration of Public Revenue (AFIP) on July 4, 2011, also led to the decrease of reference prices applicable to certain products classified under tariff line NCM 9003.19.10.

In particular, the new General Resolution has decreased the reference prices set on metal spectacles frames from USD 7.85 to USD 3.14 per unit and from USD 7.07 to USD 2.09 per unit.

The new import criterion values 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.

This General Resolution entered into force on 5 July 2011.