ANNOUNCEMENT 25 Oct 2018

The Brazilian Government revoked multiple resolutions related to changes introduced in the List of Exceptions to the Common External Tariff.

NUMBER OF INTERVENTIONS

3

  • 2 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

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: 25 Oct 2018 | Removal date: open ended
Still in force

Import tariff

On 25 October 2018, the Brazilian Foreign Trade Council has adopted Resolution 82 consolidating the resolutions that constitute the List of Exceptions to the Common External Tariff. As a result, 124 resolutions have been revoked. The list of legislation dates back to resolutions adopted in 2002.

Concerning the GTA-reportable timeframe, one of the main consequences of this modification has been the increase the import tariffs of 39 tariffs lines as a result of the elimination of the tariffs concessions given to them. In this sense, tariffs have increased from values ranging between 0% and 20% depending on the product to values ranging between 2% and 35% depending on the product.

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. LETEC 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 LETEC of 100 codes based on the NCM until 31 December 2021.

Update
On 6 December 2018, CAMEX has issued Resolution 92 decreasing the import tariff on NCM 8529.90.20 (please, seer elated state acts).
Inception date: 25 Oct 2018 | Removal date: open ended
Still in force

Import tariff

Resolution 82 that has been adopted by the Brazilian Foreign Trade Council on 25 October 2018,  has consolidated the resolutions that constitute the List of Exceptions to the Common External Tariff. As a result, 124 resolutions have been revoked. The list of legislation dates back to resolutions adopted in 2002.

Concerning the GTA-reportable timeframe, one of the main consequences of this modification has been the decrease of the import tariffs of 35 tariffs lines due to the elimination of the tariffs increases that were imposed to them. In this sense, tariffs have decreased from values ranging between 4% and 35% depending on the product to values ranging between 0% and 16% depending on the product.

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. LETEC 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 LETEC of 100 codes based on the NCM until 31 December 2021.

Inception date: 25 Oct 2018 | Removal date: open ended
Still in force

Import tariff quota

The Brazilian Foreign Trade Council also revoked several resolutions related to import tariff quotas when it adopted Resolution 82 on 25 October 2018. Concretely, due to the consolidation of the resolutions that constitute the List of Exceptions to the Common External Tariff and the revocation of 124 resolutions dating from 2012 to 2018, certain import tariff quotas have been removed.

Particularly, within the GTA-reportable timeframe, 4 tariffs lines have been removed from the list of products enjoying reduced import duties for a certain quota. In this sense, tariffs have increased from 0% and 2% depending on the product, to values ranging between 6% and 16% depending on the product.

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. LETEC 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 LETEC of 100 codes based on the NCM until 31 December 2021.