ANNOUNCEMENT 15 Aug 2013In August 2013, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3521 of 9 August 2013, published in Official Gazette of 15 August 2013: http://www.infoleg.gob.ar/infolegInternet/anexos/215000-219999/218558/norma.htm
Managed Exports and the Recovery of World Trade: The 7th GTA Report (Chapter 4, p. 55): http://www.globaltradealert.org/managed-exports-7th-gta-report
2014 National Trade Estimate Report on Foreign Trade Barriers (pp. 20-21): http://www.ustr.gov/about-us/press-office/reports-and-publications/2014-NTE-Report
On 15 August 2013, the Government of Argentina adopted reference prices applicable to the importation of synthetic fibres and certain toys from China, South Korea, Malaysia, and other Asian countries.
The HS codes in question are 5503.4000 and 9503.0099. In comparison to the preceding measure on synthetic fibres, i.e., General Resolution 3499/2013 (see "Related Measures"), this one lists five additional items under HS code 9503 and one under HS code 5503.
These reference prices entered into force on 19 August 2013.
Argentina introduced reference values of precautionary nature for imported goods in June 2005 (in Spanish: valores criterio de carácter preventivo). The stated purpose is to strengthen customs control and prevent under-invoicing. Importers are required to provide guarantees for the difference in duties and taxes if the declared price of an import is lower than its reference price (see 7th GTA Report and 2014 National Trade Estimate Report). A list with all current import reference prices can be consulted under: www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf