Global Trade Alert
Global Trade Alert

Brazil: Camex alters four items on the List of Exceptions to the Mercosur Common External Tariff (Letec)

Announcement

31 Dec 2012

On 31 December 2012, the Brazilian Foreign Trade Council (Camex) retrieved one tariff line and four ex-tarifários from the List of Exceptions to the Mercosur Common External Tariff (Letec). The number of those trade lines is limited to a quota of 100 different NCM codes. Those codes have either a lower or higher tariff than the Mercosur Common External Tariff (TEC) and are laid out in the List of Exceptions to the Mercosur Common External Tariff (Letec) in Camex resolution no. 94/2011, Annex II. Ex-tarifários (Ex), on the other hand, are part of those trade lines but refer explicitly to capital or IT and telecommunication goods with no domestic production. The measure, Camex resolution no. 76, came into power on 31 October 2012.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 Oct 2012

Revocation date:

No revocation date

Announced: 31 Dec 2012
Import tariff In force
Machines selecting or grading eggs with a capacity of 36 000 eggs/h or more (NCM 8433.60.21) (NCM, i.e., Mercosur Common Nomenclature), tax went from 14% to 0%
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Implementation date

31 Oct 2012

Revocation date:

No revocation date

Announced: 31 Dec 2012
Import tariff In force
The tariffs of the affected goods went back to the official Mercosur Common External Tariff (TEC): Isotretinoin (Ex 002 of NCM 3004.50.90), went from 0% to 4% Gabapentin (Ex 006 of NCM 3004.90.39), we...
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