ANNOUNCEMENT 21 Aug 2012

In August 2012, the government of Brazil announced a change in import tariff quotas.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Camex news item of 21 August 2012 (in Portuguese): http://www.camex.gov.br/noticias/ler/item/252
Camex resolution no. 58 of 20 August 2012 (in Portuguese): http://www.in.gov.br/imprensa/visualiza/index.jsp?jornal=1&pagina=10&data=21/08/2012
Revoked Camex resolution no. 58 of 20 August 2012 (in Portuguese): http://www.camex.gov.br/legislacao/interna/id/961


Inception date: 21 Aug 2012 | Removal date: 20 Oct 2012
Still in force

Import tariff quota

On 21 August 2012, Brazil's federal trade council Camex decided to reduce the ad valorem tax rate on frozen sardines (NCM code 0303.53.00) from 10% to 2% for a period of 180 days. The reduced tariff is limited to the a quota, set at 50'000 tons. The measure has been taken to avoid an undersupply of sardines during the closed fishing season and is based on Mercosur resolution no. 08/08.
 
On 17 October 2012, Brazil's federal trade council (Camex) released resolution 73/12 revoking Camex resolution 58/12.

AFFECTED SECTORS

 
212

AFFECTED PRODUCTS

 
030353