ANNOUNCEMENT 10 Jun 2011

In June 2011, the government of Argentina announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Resoluci?n General 3127 of 10 June 2011, published in Official Gazette of 16 June 2011: http://www.infoleg.gob.ar/infolegInternet/anexos/185000-189999/186238/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: 20 Jun 2011 | Removal date: 19 Aug 2011

Export tax

On 10 June 2011, the Federal Administration of Public Revenue (AFIP) issued General Resolution 3127 decreasing the reference values applicable to powdered milk for export to certain countries.
 
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 4.74 per kg (before USD 5.16 per kg)
  • Powdered milk (NCM 0402.21.10), not canned, with a net weight of less than or equal to 2kg: USD 4.34 per kg (before USD 4.73 per kg)
  • Powdered milk (NCM 0402.21.10), with a net weight of more than 2kg: USD 3.95 per kg (before USD 4.30 per kg)

 
Argentina introduced reference values of precautionary nature for exportgoods in 2005. The stated purpose is to safeguard the revenue derivedfrom the payment of export duties (WTO Trade Policy Review). The values are based on free on board (FOB) prices in USD. A list with all current reference prices can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
 
The export-related reference values took effect on 20 June 2011 and were replaced by General Resolution 3173/2011 on 6 September 2011 (see Related Measures).

AFFECTED SECTORS

 
222

AFFECTED PRODUCTS

 
040221