ANNOUNCEMENT 07 Dec 2018
The Government of Brazil modified the List of Exceptions to the Common External Import Tariffs (LETEC) leading to the change in import duties on 8 tariff lines.
NUMBER OF INTERVENTIONS
Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 98 de 7 de DEzembro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2157-resolucao-n-98-de-07-de-dezembro-de-2018
On 7 December 2018, the Brazilian Foreign Trade Council has issued Resolution 98 reducing the import duties for a certain quota on 4 tariff lines. The affected tariff subheadings have been NCM 1107.10.10, 2833.29.60, 2902.43.00 and 3908.10.24. The new import duties have been set as it follows:
Resolution 98 that has been adopted by the Brazilian Foreign Trade Council on 7 December 2018, has also eliminated the import duty on tariffs subheadings NCM 3501.10.00, 8544.60.00 and 9508.90.90. The previously applicable import tariffs were set at 14%, 16% and 20% respectively.