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Global Trade Alert

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Brazil: Revocation of the import duties exemption mechanism for auto part products and changes to the list of the import duties reduction mechanism

Description

On 15 December 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 545 reducing the import duties of several auto part products by modifying GECEX Resolu...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2024

Revocation date

No revocation date

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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