ANNOUNCEMENT 28 Jul 2011In July 2011, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3158 of 22 July 2011, published in Official Gazette of 28 July 2011: http://www.infoleg.gob.ar/infolegInternet/anexos/180000-184999/184928/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
On July 28, 2011, the Government of Argentina introduced reference prices applicable to the importation of certain types of synthetic and artificial filament yarn of polyester from India, Indonesia, South Korea, Thailand, and other Asian countries.
The products subject to this measure are classified under the following tariff lines of MERCOSUR's Harmonized System: 5402.33.00, 5503.20.10 and 5503.20.90.
These reference prices entered into force on August 1, 2011.
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