ANNOUNCEMENT 02 Oct 2018

The Government of Brazil introduced certain changes to the list of auto parts without domestic production.

NUMBER OF INTERVENTIONS

3

  • 2 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 70 de 2 de Outubro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2104-resolucao-no-70-de-02-de-outubro-de-2018

Inception date: 02 Oct 2018 | Removal date: 31 Dec 2018

Import tariff quota

On 2 October 2018, the Brazilian Foreign Trade Council adopted Resolution 70 reducing the quota with reduced import duty set on NCM 8407.34.90 product categories Ex 033 y Ex 035. The quota of these products has been reduced from 3,525 units to 3,025 units and from 500 units to 100 units respectively. The import duty within the quota has been kept at 2%.

Update
On 17 December 2018, the Brazilian Foreign Trade Council has adopted Resolution 102 revoking this Resolution as of 1 January 2019 (please, see related state acts).

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 02 Oct 2018 | Removal date: 31 Dec 2018

Import tariff quota

Resolution 70 adopted by the Brazilian Foreign Trade Council on 2 October 2018, also increased the quota with reduced import duty set on NCM 8407.34.90 product category Ex 034. The quota of products under this classification has been increased from 725 units to 1,625 units. The import duty within the quota has been kept at 2%.

Update
On 17 December 2018, the Brazilian Foreign Trade Council has adopted Resolution 102 revoking this Resolution as of 1 January 2019 (please, see related state acts).

Inception date: 02 Oct 2018 | Removal date: 31 Dec 2018

Import tariff

The changes introduced in Resolution 70 adopted on 2 October 2018 by the Brazilian Foreign Trade Council, also led to the increase of the import tariffs set on NCM 7007.21.00 product category Ex 2. Particularly, the new resolution has eliminated this product from the list of auto-parts not produced in the country which has resulted in the elimination of the 2% preferential import duty set on this product and the reestablishment of the official import tariff. In this sense, according to the WTO database, the duty has been reestablished at 12%.

Update
On 17 December 2018, the Brazilian Foreign Trade Council has adopted Resolution 102 revoking this Resolution as of 1 January 2019 (please, see related state acts).