ANNOUNCEMENT 17 Aug 2010

In August 2010, the government of Argentina announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Resoluci?n General 2891 of 17 August 2010, published in Official Gazette of 23 August 2010 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/165000-169999/169647/norma.htm
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

Inception date: 24 Aug 2010 | Removal date: 30 Sep 2011
Still in force

Import tariff

On 17 August 2010, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 2891, which introduces reference prices on imports of single yarn of nylon from specified countries. The items figure under the Mercosur Nomenclature code 5402.45.20.

The corresponding reference prices have been increased from a FOB value of USD 3.00 per kilogramme to a FOB value of ranging between USD 3.00 and USD 5.00 per kilogramme depending on the characteristics of the product.

Originally, this reference price applied to the Republic of Korea, Democratic People's Republic of Korea, Chinese Taipei, Philippines, Hong Kong, India, Indonesia, Malaysia, Pakistan, Singapore, Thailand, Vietnam, Brazil, Colombia, Chile, Ecuador, Paraguay and Uruguay. With the new legislation, the application of this reference price has been extended to Germany, Belgium, Denmark, Spain, France, Italy, Japan, Netherlands and Portugal.

The measure entered into force on 24 August 2010.

Import Criterion Values
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 <U+200E>

 
Update
On 30 September 2011, the AFIP adopted General Resolution 3190/2011 modifying the applicable reference prices on 5402.45.20. This resolution entered into force on 1 October 2011 (please, see related state ats).

AFFECTED SECTORS

 

AFFECTED PRODUCTS