ANNOUNCEMENT 11 Dec 2009In December 2009, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 2725 of 11 December 2009, published in Official Gazette of 18 December 2009 (in Spanish): http://biblioteca.afip.gob.ar/dcp/REAG01002725_2009_12_11
Managed Exports and the Recovery of World Trade: The 7th GTA Report (Chapter 4, p. 55): http://www.globaltradealert.org/managed-exports-7th-gta-report
2014 National Trade Estimate Report on Foreign Trade Barriers (pp. 20-21): http://www.ustr.gov/about-us/press-office/reports-and-publications/2014-NTE-Report
On 11 December 2009, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 2725, which introduces the reference prices on imports of blankets, of synthetic fibres, other than electrical blankets, from certain Asian countries. The items figure under the Mercosur Nomenclature code 6301.40.00. The corresponding reference price, which represents the free on board value, is USD 4.00 per 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 19 December 2009. It was replaced by General Resolution number 3215 of 2011 (see 'Related Measures').