ANNOUNCEMENT 07 Dec 2011In December 2011, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3227 of 30 November 2011, published in Official Gazette of 7 December 2011: http://www.infoleg.gob.ar/infolegInternet/anexos/190000-194999/190974/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 December 7, 2011, the Government of Argentina adopted reference prices applicable to the importation of certain types of terry toweling and similar woven terry fabrics from China and other Asian countries. The product subject to this measure is classified under the following tariff line of MERCOSUR's Harmonized System: 5802.19.00.
These reference prices entered into force on December 9, 2011.
Argentina introduced reference values of precautionary nature forimported goods in June 2005 (in Spanish: valorescriteriodecarácterpreventivo). The statedpurpose is tostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesfor thedifference indutiesandtaxesifthedeclaredprice 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