ANNOUNCEMENT 13 Jun 2012

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Development, Industry and Trade (MDIC) news item of 13 June 2012 (in Portuguese): http://www.mdic.gov.br/sitio/interna/noticia.php?area=1&noticia=11598

Camex resolution no. 37 of 11 June 2012, Official Gazette of 13 June 2012 (in Portuguese): http://www.mdic.gov.br/arquivos/dwnl_1339592578.pdf


Inception date: 13 Jun 2012 | Removal date: 12 Dec 2013

Import tariff

On 13 June 2012, the Brazilian Foreign Trade Council (Camex) reduced the import duties on 186 types of capital goods to 2%. The affected products carry a Mercosur Common Nomenclature (NCM) code and are labeled as ex-tarifários (Ex) which are goods with a tariff exception to the Mercosur Common External Tariff (TEC). The goal of this tariff is to incentivize investments in capital or IT goods to restructure Brazil's industrial park and infrastructure services. Such an ex-tarifário can be invoked in case of domestic non-production of the desired good.
 
The measure, Camex resolution no. 37, came into power on 13 June 2012 and lasts until 31 December 2013.
 
Since the inceptionon of the measure, some ex-tarifários (Ex) have been altered:

  • On 5 November 2012, Camex resolution no. 78 suspended the reduced tariff for elevator guides (Ex 016 of NCM 8431.31.10)

AFFECTED SECTORS

 
422 432 433 434 435 439 441 442 443 444 445 446 448 449 452 481 482 491 495
(+ 4 more)

AFFECTED PRODUCTS

 
730900 841319 841320 841330 841340 841350 841360 841370 841381 841382 841391 841410 841420 841430 841440 841451 841459 841460 841480 841490 841710 841720 841780 841790 841911 841919 841920 841931 841932 841939 841940 841950 841960 841981 841989 841990 842010 842111 842112 842119 842121 842122 842123 842129 842131 842139 842191 842199 842410 842420 842430 842481 842489 842490 842611 842612 842619 842620 842630 842641 842649 842691 842699 842710 842720 842790 842810 842820 842832 842833 842839 842840 842860 842890 842911 842919 842920 842930 842940 842951 842952 842959 843010 843031 843039 843041 843049 843050 843061 843069 843131 843610 843621 843629 843680 843691 843699 843810 843820 843840 843850 843860 843880 843890 843910 843920 843930 843991 843999 844110 844120 844130 844140 844180 844190 844311 844313 844316 844317 844319 844331 844332 844339 844391 844399 844512 844513 844519 844520 844530 844540 844590 845310 845320 845390 845420 845430 845490 845510 845521 845522 845530 845590 845710 845720 845730 845811 845819 845891 845899 845910 845921 845929 845931 845939 845959 845961 845969 846019 846021 846029 846031 846039 846040 846090 846130 846140 846150 846190 846210 846221 846229 846231 846239 846241 846249 846291 846299 846310 846330 846390 846410 846420 846490 846510 846591 846592 846593 846594 846595 846599 846610 846620 846691 846692 846693 846694 847410 847420 847431 847432 847439 847480 847490 847529 847590 847710 847720 847730 847740 847751 847759 847780 847790 847810 847890 847910 847920 847940 847950 847960 847971 847981 847982 847989 847990 848020 848041 848049 848050 848060 848071 848079 848110 848120 848130 848140 848180 848190 848310 848320 848330 848340 848350 848360 848390 851410 851420 851430 851440 851490 851511 851519 851521 851529 851531 851539 851580 851590 860711 860719 860721 860729 860730 860791 860799 860800 870410 870421 870422 870423 870431 870911 870919 901510 901520 901530 901540 901580 901590 902212 902213 902214 902219 902221 902229 902230 902290 902710 902720 902730 902750 902780 902790 903110 903120 903149 903180 903190
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