Brazil Lowers Duties on Various Products
11 February 2020
Brazilian authorities have announced the addition of 282 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. Many of these goods could potentially be imported from mainland China and/or Hong Kong.
Of this total, 241 items are capital goods and the remaining 41 are IT and telecom goods. The capital goods covered by these actions are classified in HS chapters 84, 85, 86, 87 and 90, while subject IT and telecom goods are classified in HS chapters 84, 85 and 90. These goods will benefit from duty-free treatment through 31 December 2021.
Brazil has also made a number of changes to the list of automotive parts that qualify for a duty exemption under the special import regime for such products, including the issuance of an updated list of items, the removal of 19 items from the list, and the modification of various product descriptions.
- Electronics & Electrical Appliances
- Auto Parts
- Central & South America