ANNOUNCEMENT 03 Apr 2012

In April 2012, the government of Argentina announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Resoluci?n General 3297 of 23 March 2012, published in Official Gazette of 3 April 2012: http://www.infoleg.gob.ar/infolegInternet/anexos/195000-199999/195789/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


Inception date: 09 Apr 2012 | Removal date: open ended

Import tariff

On April 3, 2012, the Government of Argentina introduced reference prices applicable to the importation of certain type of woven fabrics of synthetic staple fibres from China and other Asian countries. The products subject to this measure are classified under the following tariff lines of the MERCOSUR's Harmonized System: 5512.11.00 and 5512.19.00.
 
These reference prices entered into force on April 9, 2012.
 
Argentina introduced reference values of precautionary nature for imported goods in June 2005 (in Spanish: valorescriteriodecarácterpreventivo). The stated purpose is to strengthen customs control and prevent under-invoicing. Importers are required to provide guarantees for the difference in duties and taxes if the declared price of an import is lower than its reference price(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 <U+200E>
 
The Global Trade Alert designates countries as affected trading partners whose bilateral trade with the implementing jurisdiction has exceeded the minimum threshold of USD 1 million in the year prior to the imposition of a measure. Therefore, the affected countries enumerated by the Argentine government may not overlap completely with those identified by the GTA.

 
Update
On 14 April 2021, the Federal Administration for Public Revenue of Argentina (i.e. AFIP by its Spanish acronym) adopted General Resolution 4965/2021 reducing the reference prices on imports of woven fabrics with different characteristics classified under tariff subheading NCM 5512.19.00. The new prices entered into force on 16 April 2021 (please, see related state act).

 

 

 

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