ANNOUNCEMENT 10 Apr 2014In April 2014, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3614 of 10 April 2014, published in Official Gazette of 16 April 2014 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/225000-229999/228956/norma.htm
On 10 April 2014, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3614 which introduces reference prices on imports of gloves, wristlets, and mittens originating from various Asian countries. The items figure under the Mercosur Nomenclature 6116.91.00, 6116.92.00, 6116.93.00, and 6116.99.00. The corresponding reference prices, which represent free on board values, range from USD 6/kg to USD 12/kg.
Argentina introduced reference values of precautionary nature for import goods in June 2005. The stated purpose is to strengthen customs control and prevent under-invoicing. Importers are required to provide guarantees for the difference in duties and taxes if the declared price of an import is lower than its reference price (see 7th GTA Report and 2014 National Trade Estimate Report). A list with all current reference prices can be consulted under: www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf
The measure took effect on 22 April 2014.