ANNOUNCEMENT 14 Nov 2013

In November 2013, the government of Argentina announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Resoluci?n General 3543 of 14 November 2013, published in Official Gazette of 26 November 2013 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/220000-224999/222651/norma.htm

WTO Trade Policy Review on Argentina of 14 June 2013, WT/TRP/S/227/Rev.1, Chapter III (p. 97): http://bit.ly/Q4IU31


Inception date: 28 Nov 2013 | Removal date: 14 Jul 2017

Export tax

On 14 November 2013, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3543 which increases the reference values on powdered milk for export. The following Mercosur Nomenclature (NCM) codes are affected:

  • Powdered milk (NCM 0402.21.10), in cans, with a net weight of less than or equal to 2kg: USD 5,340/kg (before USD 3.96kg)
  • Powdered milk (NCM 0402.21.10), not canned, with a net weight of less than or equal to 2kg: USD 4,895/kg (before USD 3.63kg)
  • Powdered milk (NCM 0402.21.10), with a net weight of more than 2kg: USD 4,450/kg (before USD 3.30kg)
  • Modified powdered milk (NCM 1901.90.90): USD 4,450/kg (before USD 3.30kg)

 
Argentina introduced reference values of precautionary nature for exportgoods in 2005 (in Spanish: valores referenciales de carácterpreventivo). The stated purpose is to safeguard the revenue derived fromthe payment of export duties (see WTO Trade Policy Review).The reference values are based on free on board (FOB) prices in USD. Alist with all current reference values can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
 
The measure was effective on 28 November 2013 and suspends the preceding reference values stipulated in General Resolution 3223 of 17 November 2011.

Update
On 14 July 2017, a new resolution entered into force modifying the export criterion values of these products (please, see related state acts).

AFFECTED SECTORS

 
222 239

AFFECTED PRODUCTS

 
040221 190190