ANNOUNCEMENT 12 Sep 2011In September 2011, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3178 of 1 September 2011, published in Official Gazette of 12 September 2011: http://www.infoleg.gob.ar/infolegInternet/anexos/185000-189999/186579/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 September 12, 2011, the Government of Argentina adopted reference prices applicable to the importation of poly (ethylene terephthalate) from China, South Korea, Taiwan, among others. The product subject to this measure is classified under the following tariff line of the MERCOSUR's Harmonized System: 3907.60.00.
The reference price for poly (ethylene terephthalate) is: free on board USD 1.8 per kg. The preceding reference price was: free on board USD 1.3 per kg (see also "Related Measures").
These reference prices entered into force on September 14, 2011.
Argentina introduced reference values of precautionary nature forimported goods in June 2005 (in Spanish:valorescriteriodecarácterpreventivo).Thestatedpurpose is tostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesfor thedifferenceindutiesandtaxesifthedeclaredprice ofanimport 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