ANNOUNCEMENT 01 Apr 2013In April 2013, the government of Brazil announced a change in import duties.
NUMBER OF INTERVENTIONS
Presidential Decree no. 7.971 of 28 March 2013, published in Official Gazette of 1 April 2013: http://www.planalto.gov.br/ccivil_03/_ato2011-2014/2013/Decreto/D7971.htm
On 1 April 2013, the Government of Brazil announced an import tariff reduction on certain vehicles such as: ambulances, used vehicles, military and agro industrial vehicles and flex fuel vehicles.
In accordance with the decree, as of 1 April 2013, the applicable tariff rate for ambulances, battery cars and cars for funerals will be 0%. Tariffs for flex-fuel vehicles will be reduced to 37% and those for certain vehicles of national production for military and agricultural purposes to 39% in 2013. The decree includes a tariff reduction schedule until 2018.
The products subject to the tax reduction are classified under the following headings of the MERCOSUR Harmonized System: 8701, 8702, 8703, 8704, 8706 and 8716.