ANNOUNCEMENT 23 Jun 2016

The Government of Brazil temporarily reduced the import tax on black beans.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Foreign Trade Council. Câmara de Comércio Exterior. Resolução 58 de 23 de Junho de 2016. http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1657-resolucao-n-58-de-23-de-junho-de-2016

Ministry of Industry, Foreign Trade and Services of Brazil. Ministério da Industria, Comércio Exterior e Serviços. Lista de Exceções à TEC. Available at: http://www.mdic.gov.br/legislacao/9-assuntos/categ-comercio-exterior/391-certificado-form-61

Foreign Trade Council. Câmara de Comércio Exterior. Resolução 92 de 29 de Septembro de 2016. http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1694-resolucao-n-92-de-29-de-setembro-de-2016

Inception date: 24 Jun 2016 | Removal date: 31 Dec 2016

Import tariff

On June 24, 2016, the Official Gazette of Brazil published the Resolution 58 issued by the Foreign Trade Council, announcing temporary duty-free imports of certain beans (HS Codes 0713.33.19 and 0713.33.99). The previously applicable import tariff was 10%. The reduced duty applies until September 30, 2016.

List of Exceptions to the Common External Tariff
The tariff codes were included in the List of Exceptions to the Common External Tariff (LETEC) of Mercosur, which is a mechanism that allows member states of Mercosur to apply customs duties that are lower or higher than otherwise listed in the Mercosur Common External Tariff schedule.

However, the tariffs shall not surpass the ceilings given by the WTO. Mercosur Decision CMC no. 26/15 gives Brazil the right to maintain a list of 100 codes based on the Mercosur Common Nomenclature until 31 December 2021.

Update:
On September 29, 2016, The Brazilian the Foreign Trade Council issued Resolution 92 extending until December 31, 2016, the duty-free import of certain beans.

AFFECTED SECTORS

 

AFFECTED PRODUCTS