ANNOUNCEMENT 14 Nov 2012

In November 2012, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Camex Resolution no. 81 of 13 November 2012, published in Official Gazette of 14 November 2012: http://www.camex.gov.br/legislacao/interna/id/1003


Inception date: 14 Nov 2012 | Removal date: 15 Jul 2014
Still in force

Import tariff

On November 14, 2012, the Government of Brazil announced the temporaryreduction of the ad-valorem Most Favored Nation import duty applicable to certain informatics and telecommunications goods.
 
The Brazilian legislation, through the "ex-tarifarios" regime authorizes the temporary reduction of the ad-valorem import duty of capital and information technology goods, its parts, pieces and components. This temporary reduction may take place whenever it is found that there is no domestic production of these goods. To implement these reductions, the Brazilian authorities are allowed to create new tariff positions.
 
Through this resolution, the Brazilian Government determines the temporary application of a 0% ad-valorem import duty for goods classified under item 8543.70.90, and of 2% for goods classified under items 8471.60.35, 9030.98.90 and 9032.89.30 of the Mercosur´s Harmonized Tariff System.
 
The reduced taxes for NCM 8471.60.35, 9030.98.90 and 9032.89.30 last until 30 June 2014 and for NCM 8543.70.90 until 31 March 2013.

AFFECTED SECTORS