ANNOUNCEMENT 06 Jul 2012

In July 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) press release of 6 July 2012 (in Portuguese): http://www.mdic.gov.br/sitio/interna/noticia.php?area=1&noticia=11653

Camex resolution no. 47 from 5 July 2012, Official Gazette of 6 July 2012, pp. 2-3 (in Portuguese): http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?data=06/07/2012&jornal=1&pagina=2&totalArquivos=256

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 Jul 2012 | Removal date: 04 Jan 2014
Still in force

Import tariff

On 6 July 2012, the Brazilian Foreign Trade Council (Camex) reduced the import tariffs for 18 types of goods belonging to the IT and telecommunication sector to 2%. Out of the 18 goods, eleven are new products with a reduced tariff while the remaining 7 items have been given a renewed status as ex-tarifários.
 
Such ex-tarifários are goods with a tariff exception to the Mercosur Common External Tariff (TEC). The goal of this exceptional tariff is to incentivize investments in capital or IT goods to restructure Brazil's industrial park and infrastructure services. An ex-tarifário can be invoked in case of domestic shortages or non-production of the desired good.
 
The measure, Camex resolution no. 47, came into power on 6 July 2012 and lasts until 31 December 2013.