ANNOUNCEMENT 26 May 2015

In May 2015, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Development, Industry and Trade (MDIC), press release of 27 May 2015 on Camex Resolution no. 51/15: http://www.mdic.gov.br/sitio/interna/noticia.php?area=1&noticia=13810

Brazilian Foreign Trade Council (Camex), Resolution no. 51 of 26 May 2015, published in the Official Gazette of 27 May 2015: http://camex.gov.br/legislacao/interna/id/1404


Inception date: 27 May 2015 | Removal date: 25 Dec 2015
Still in force

Import tariff

On 26 May 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 51 lowering the import tariff on two tariff codes belonging to the Mercosur Common Nomenclature (NCM) until 31 December 2015:

  • Equipment for theme parks (NCM 9508.90.90), import duty decreased from 20% to 0%
  • Female contraception (NCM 4014.10.00), import duty decreased from 10% to 0%

 
The goods were included in the List of Exceptions to the Common External Tariff (LETEC) of Mercosur which is a mechanism that allows member states of Mercosur to apply customs duties that are lower or higher than otherwise listed in the Mercosur Common External Tariff schedule. However, the tariffs shall not surpass the ceilings given by the WTO. Mercosur Decision CMC no. 58/10 gives Brazil the right to maintain a list of 100 codes based on the Mercosur Common Nomencalture (NCM) until 31 December 2015.
 
Due to this restriction, Brazil had to remove the following goods from the LETEC:

  • Plates and signs (NCM 3005.10.90): duty increased to its original 12%
  • Railway tires and shafts (NCM 8607.19.90): duty increased to its original 14%

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 27 May 2015 | Removal date: 25 Dec 2015
Still in force

Import tariff

On 26 May 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 51 lowering the import tariff on two tariff codes belonging to the Mercosur Common Nomenclature (NCM) until 31 December 2015:

  • Equipment for theme parks (NCM 9508.90.90), import duty decreased from 20% to 0%
  • Female contraception (NCM 4014.10.00), import duty decreased from 10% to 0%

 
The goods were included in the List of Exceptions to the Common External Tariff (LETEC) of Mercosur which is a mechanism that allows member states of Mercosur to apply customs duties that are lower or higher than otherwise listed in the Mercosur Common External Tariff schedule. However, the tariffs shall not surpass the ceilings given by the WTO. Mercosur Decision CMC no. 58/10 gives Brazil the right to maintain a list of 100 codes based on the Mercosur Common Nomencalture (NCM) until 31 December 2015.
 
Due to this restriction, Brazil had to remove the following goods from the LETEC:

  • Plates and signs (NCM 3005.10.90): duty increased to its original 12%
  • Railway tires and shafts (NCM 8607.19.90): duty increased to its original 14%