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Global Trade Alert

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Brazil: New list of auto-parts not locally-produced valid from 2020 for the import duties reductions mechanism

Description

On 30 December 2019, the Brazilian Foreign Trade Chamber (Camex) issued Resolution No. 23 reducing the applicable import duties on certain inputs for the production of vehicles to 2%. As the beneficia...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Jan 2020

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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