ANNOUNCEMENT 16 Jun 2018

The Executive body of MERCOSUR decided to amend the Common External Nomenclature leading to the increase of the import duty set on airbags. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

MERCOSUR. Grupo del Mercado Común. Resolución 017/2018. Available at: http://gd.mercosur.int/SAM%5CGestDoc%5Cpubweb.nsf/1BB98D8C1C91ECD90325838800479FBF/$File/RES_017-2018_ES_Modif%20NCM%20y%20AEC.pdf

Inception date: 01 Jan 2019 | Removal date: open ended

Import tariff

On 16 June 2018, the Group of MERCOSUR has adopted Resolution 017/2018 increasing the import duty set on airbags classified under tariff subheading 8708.95.21.

The new import tariff has been increased from 2% to 18%.

This new import duty only affects countries outside the MERCOSUR trading block.

The amendment introduced in this resolution is to enter into force on 1 January 2019.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A