Global Trade Alert
Global Trade Alert

Brazil: Changes to LETEC list modify the import duties for several products and establish a new import tariff-rate quota (extended until 2023)

Announcement

12 May 2022

In May 2022, the government of Brazil made several modifications to the List of Exceptions to the Common External Tariff (LETEC). The changes were introduced via an amendment of Annex V of GECEX Resolution No. 272 of November 2021.

 

Source

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

12 May 2022

Revocation date:

30 Jun 2023

End prolongation: 30 Jun 2023
Import tariff quota
On 11 May 2022, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 341 establishing a temporary tariff-rate quota for NCM 2807.00.10. Resolution No. 341 was p...
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Implementation date

12 May 2022

Revocation date:

31 Jul 2023

End prolongation: 31 Jul 2023
Import tariff
On 11 May 2022, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 341 decreasing the import duties of 13 products by modifying the List of Exceptions to the ...
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Implementation date

12 May 2022

Revocation date:

No revocation date

Announced: 12 May 2022
Import tariff In force
On 11 May 2022, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 341 increasing the import duties of 5 products by removing them from the List of Exceptions...
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