ANNOUNCEMENT 20 Apr 2012

In April 2012, the government of Uruguay announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Decree No. 126/012 (in Spanish),
http://www.adau.com.uy/innovaportal/file/9175/1/miem_96.pdf


Inception date: 20 Apr 2012 | Removal date: open ended
Still in force

Import tariff

On 20 April 2012, Uruguay's Ministry of Economy and Finance adopted Decree No. 126/012 introducing import tariff rebates on completely knocked-down (CKD) parts and accessories for the construction of motor vehicles. According to this regulations, CKD parts imported for use during the first year of production of a new car model never produced before receive a rebate on import tariffs of 85 per cent. The rebate amounts to 70 per cent for the second year of production and 55 per cent for the third. 

AFFECTED SECTORS