Brazil Modifies Duties on Additional Products
13 April 2018
Brazilian authorities recently announced the addition of 331 items to a list of foreign capital goods and information technology and telecommunications goods that benefit from duty-free treatment under the Ex-Tarifario regime, down from 14 or 16 percent. Of this total, 293 items are capital goods (237 are new and 56 renewals) and the remaining 38 are IT and telecom goods (20 are new and 18 renewals). Classified in HS chapters 82, 84, 85 and 86, the capital goods will benefit from duty-free treatment through 31 December 2019. The IT/telecom goods, which are classified in HS chapters 84, 85 and 90, will also benefit from duty-free treatment through 31 December 2019.
Additionally, 127 items have been added to the list of automotive parts that benefit from a reduced two percent duty, down from 12, 14, 16 or 18 percent. The types of semi-bleached or bleached coniferous chemical wood pulp, soda and sulphate classified under NCM 4703.21.00 that are subject to a higher duty than the regular Mercosur duty (14 percent versus four percent) has been modified. Lastly, a tariff-rate quota of 40,000 tonnes has been established for viscose rayon staple fibres not carded, combed or otherwise processed for spinning classified under NCM 5504.10.00 in order to ensure an adequate domestic supply of that input.
- Central & South America