Global Trade Alert
Global Trade Alert

MERCOSUR: Creation of new tariff lines leads to import duty increase

Announcement

27 Jul 2014

The Executive body of MERCOSUR decided to amend the Common External Nomenclature increasing the import duty on two newly created tariffs subheadings.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2015

Revocation date:

No revocation date

Updated: 27 Jul 2014
Import tariff In force

On 27 July 2014, the Group of MERCOSUR has adopted Resolution 021/2014 creating two new tariff subheadings:  NCM 8431.49.23 and 8501.53.30. The new tariff lines enjoy a 14% import duty. P...

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