Argentina Updates Import Regime for Used Capital and IT Goods
20 June 2019
The Argentinean government recently issued a regulation updating the import regime for used capital and information technology goods of HS Chapters 84 through 90, as well as any parts and accessories thereof. The amendments maintain the import certificate for used goods (CIBU), which must be submitted to Customs to be able to import such goods. Goods not otherwise exempt will face an import duty at a rate double than the applicable MFN duty rate but no lower than seven percent and no higher than 35 percent.
CIBUs must be greenlighted by the Ministry of Production and Employment’s Secretariat of Industry, which will assess the availability of any domestic goods with similar technical characteristics and, if any such goods exist, will provide information on the relevant suppliers as well as their production capacity.
The regulation also sets forth a list of tariff lines comprising used goods of Chapters 84 through 90 that are either excluded from the CIBU requirement or whose importation is temporarily prohibited. Also excluded from the scope of this regulation are (i) dry cargo containers classified under NCM 8609.00.00; (ii) previously authorised used parts and/or components used for the reconditioning, maintenance and/or repair of medical devices and equipment; (iii) goods imported under the framework of National Administration of Medicines, Food and Medical Technology (ANMAT) Disposition 6677/2010; (iv) certain aeronautical goods (according to press reports, these goods include used aircraft and spare parts); (v) goods imported within the framework of the special regime for inputs intended for scientific-technological research; (vi) goods imported under the special regime for samples; and (vii) certain yachts and other vessels for pleasure or sports imported by returning Argentinean nationals.
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