ANNOUNCEMENT 15 Jul 2019
The Executive body of MERCOSUR decided to amend the Common External Nomenclature leading to changes in the import duties set on four tariff lines.
NUMBER OF INTERVENTIONS
MERCOSUR. Grupo del Mercado Común. Resolución 030/2019. Available at: https://normas.mercosur.int/simfiles/normativas/73860_RES_030-2019_ES_Modif%20NCM%20y%20AEC.pdf
On 15 July 2019, the Group of MERCOSUR has adopted Resolution 030/2019 modifying the description of certain tariff lines and creating new eight-digits tariffs subheadings. As a consequence of the changes introduced, the import duties set on four HS Codes have been reduced from 14% to 2%.
The affected tariff lines have been 3904.30.00, 3904.90.10, 4810.13.91 and 4810.19.91.
The new import duties only applies to countries outside MERCOSUR and are to enter into force on 1 January 2020.