ANNOUNCEMENT 31 Dec 2012On 31 December 2012, the Brazilian Foreign Trade Council (Camex) retrieved one tariff line and four ex-tarifários from the List of Exceptions to the Mercosur Common External Tariff (Letec). The number of those trade lines is limited to a quota of 100 different NCM codes. Those codes have either a lower or higher tariff than the Mercosur Common External Tariff (TEC) and are laid out in the List of Exceptions to the Mercosur Common External Tariff (Letec) in Camex resolution no. 94/2011, Annex II. Ex-tarifários (Ex), on the other hand, are part of those trade lines but refer explicitly to capital or IT and telecommunication goods with no domestic production. The measure, Camex resolution no. 76, came into power on 31 October 2012.
NUMBER OF INTERVENTIONS
Camex news item of 31 October 2012 (in Portuguese): http://www.camex.gov.br/noticias/ler/item/263
Camex resolution no. 76 of 29 October 2012, Official Gazette of 31 October 2012, p. 15 (in Portuguese): http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?jornal=1&pagina=15&data=31/10/2012
The tariffs of the affected goods went back to the official Mercosur Common External Tariff (TEC): Isotretinoin (Ex 002 of NCM 3004.50.90), went from 0% to 4% Gabapentin (Ex 006 of NCM 3004.90.39), went from 0% to 4% Risedronic acid (Ex 029 NCM 3004.90.69), went from 0% to 4% Rivastigmine (Ex 032 of NCM 3004.90.69), went from 0% to 4% Mercosur allows Brazil to introduce trade lines (i.e., NCM codes) with tariff exceptions.