ANNOUNCEMENT 20 Jun 2013In June 2013, the government of Brazil announced a change in import duties.
NUMBER OF INTERVENTIONS
Camex Resolution no. 44 of 19 June 2013, published in Official Gazette of 20 June 2013: http://www.camex.gov.br/legislacao/interna/id/1078
Ministry of Development, Industry and Trade (MDIC), press release of 20 June 2013 (in Portuguese): http://www.mdic.gov.br/sitio/interna/noticia.php?area=1¬icia=12474
On June 20, 2013, the Government of Brazil announced the temporary tariff reduction of the ad-valorem import duty applicable to certain polypropylene products.
The Brazilian legislation, through the "ex-tarifários" 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 26% ad-valorem import duty for goods classified under the following code of MERCOSUR´s Harmonized Tariff System: 3920.20.19.