ANNOUNCEMENT 05 Apr 2012

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Camex resolution no. 18 of 4 April 2012, Official Gazette of 5 April 2012, p. 10 (in Portuguese): http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?jornal=1&pagina=10&data=05/04/2012


Ministry of Industry, Foreign Trade and Services of Brazil. Ministério da Industria, Comércio Exterior e Serviços. Lista de Exceções à TEC. Available at: http://www.mdic.gov.br/legislacao/9-assuntos/categ-comercio-exterior/391-certificado-form-61

Inception date: 05 Apr 2012 | Removal date: 05 Jul 2013
Still in force

Import tariff

On 5 April 2012, the Brazilian Foreign Trade Council (Camex) reduced the import tariff on coil testers (Ex 016 of NCM 9030.89.90) to 2%. The product has been labelled as an ex-tarifário, i.e., a product with a tariff exception to the Mercosur Common External Tariff. The measure was in place until 30 June 2013.

List of Exceptions to the Common External Tariff 
The tariff codes were included in the List of Exceptions to the Common External Tariff (LETEC) of Mercosur, which is a mechanism that allows member states of Mercosur to apply customs duties that are lower or higher than otherwise listed in the Mercosur Common External Tariff schedule.

However, the tariffs shall not surpass the ceilings given by the WTO. Mercosur Decision CMC no. 26/15 gives Brazil the right to maintain a list of 100 codes based on the Mercosur Common Nomenclature until 31 December 2021.

AFFECTED SECTORS

 

AFFECTED PRODUCTS