ANNOUNCEMENT 28 Feb 2018

On February 28, 2018, the Brazilian Government amended the Mercosur Common Nomenclature - NCM and the Import Tax rates that make up the Common External Tariff - TEC leading to several import duty changes.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 11, de 28 de Fevereiro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1985-resolucao-n-11-de-28-de-fevereiro-de-2018

Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 82, de 25 de Outubro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2128-resolucao-n-82-de-25-de-outubro-de-2018

Inception date: 01 Jul 2018 | Removal date: 25 Oct 2018
Still in force

Import tariff

Resolution 11 issued on February 28, 2018, by the Brazilian Foreign Trade Council (i.e. CAMEX by its acronym in Portuguese), created 7 new eight-digits tariff lines with reduced import duties. The affected tariff lines were NCM 3003.90.24, 3004.90.14, 8532.21.20, 8532.24.20, 8536.90.60, 8541.10.22 and 8541.10.29. The new duties range between 0% and 2% while previously, import tariff set on these products ranged between 6% and 16%.

This resolution was issued to incorporate MERCOSUR's Resolutions 31/17, 32/17, 34/17 and 35/17.

These changes enter into force on July 1, 2018.

Update
On 25 October 2018, the Brazilian Foreign Trade Council has adopted Resolution 82 revoking 124 resolutions including this one.

AFFECTED SECTORS

 
Inception date: 01 Jul 2018 | Removal date: 25 Oct 2018
Still in force

Import tariff

The Brazilian Foreign Trade Council in Resolution 11 issued on February 28, 2018, also increased the import duties on one of the newly created tariff lines (NCM 2921.19.94). The new import tax was set at 12% while previously this product enjoyed a 2% duty.

This resolution was issued to incorporate MERCOSUR's Resolutions 31/17, 32/17, 34/17 and 35/17.

These changes enter into force on July 1, 2018.

Update
On 25 October 2018, the Brazilian Foreign Trade Council has adopted Resolution 82 revoking 124 resolutions including this one.