ANNOUNCEMENT 06 Feb 2013

In February 2013, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Camex press release of 5 February 2013 (in Portuguese): http://www.camex.gov.br/noticias/ler/item/282
Camex resolution no. 10 of 5 February 2013, Official Gazette of 6 February 2013, pp. 18-39 (in Portuguese): http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?jornal=1&pagina=18&data=06/02/2013
Camex resolution no. 121 of 26 December 2013, Official Gazette of 27 December 2013, pp. 76-102 (in Portuguese): http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?data=27/12/2013&jornal=1&pagina=76&totalArquivos=312


Inception date: 06 Feb 2013 | Removal date: 06 Jan 2015

Import tariff

On 6 February 2013, the Brazilian Foreign Trade Council (Camex) reduced the import tariffs on 587 capital goods to 2% (and one item to 0%). For reasons of domestic undersupply or non-production, the capital goods have been labeled as ex-tarifários, i.e., products with a tariff exception to the Mercosur Common External Tariff (TEC). The measure (Camex resolution no. 10) came into power on 10 February 2013 and lasts until 31 December 2013.
The incentives are linked to various global investments worth $5.83 billion including civil construction (43.65%), petrol (16.27%), capital goods (5.51%), automotive (4.20%) and beverages (4.01%). In this case, the main capital good producers and exporters are the USA (26.91%) and Germany (17.22%).
 
Since the inception of the measure, various capital goods have been revoked (see also 'Related Measures'):

  • On 28 February 2013, Camex resolution no. 16 revoked item Ex 050 of NCM 8419.50.21 and Ex 010 of NCM 8501.64.00
  • On 5 August 2013, Camex resolution no. 61 revoked item Ex 044 of NCM 8426.41.90

 
On 27 December 2013, Camex resolution no. 121 prolonged the reduced tariff for certain capital goods until 31 December 2014.

AFFECTED SECTORS

 
328 429 431 432 433 434 435 439 441 442 443 444 445 446 449 461 469 481 482 495
(+ 5 more)

AFFECTED PRODUCTS

 
820730 840810 841350 841360 841370 841410 841480 841620 841630 841710 841720 841780 841790 841931 841939 841950 841981 841989 842010 842091 842119 842121 842122 842129 842139 842199 842230 842240 842430 842489 842519 842619 842620 842630 842641 842649 842699 842710 842720 842790 842810 842820 842833 842839 842890 842920 842940 842951 842952 843010 843041 843049 843131 843143 843230 843340 843359 843390 843420 843610 843629 843680 843810 843820 843850 843880 843930 843999 844010 844110 844130 844180 844190 844250 844319 844339 844391 844519 844590 845140 845150 845180 845190 845310 845521 845530 845590 845610 845690 845710 845811 845891 845931 845961 845970 846019 846021 846029 846031 846090 846140 846210 846221 846229 846231 846239 846299 846410 846420 846490 846510 846591 846595 846692 846880 847410 847420 847439 847480 847529 847710 847720 847730 847740 847751 847759 847780 847790 847910 847920 847930 847940 847981 847982 847989 847990 848041 848180 848340 848620 850164 850213 851410 851490 851521 851531 851539 851580 854330 854370 860400 860729 860799 860800 901510 901580 901819 902290 902410 902710 902730 902750 902780 902790 903010 903039 903120 903149 903180 903190
(+ 160 more)