Brazil: Modification of import duties and new temporary tariff-rate quotas due to changes on the LETEC and COVID-19 lists (August 2023)

Announcement

16 Aug 2023

In August 2023, the government of Brazil modified the List of Exceptions to the Common External Tariff (LETEC) and the list of goods with temporary import duties reductions due to the COVID-19 pandemic. The changes were introduced via an amendment of Annexes V and VII of GECEX Resolution No. 272 of November 2021.

Source

Number of interventions

1 certainly harmful

0 likely harmful

3 liberalising

List of interventions

2 in force

Implementation date

01 Sep 2023

Revocation date:

No revocation date

Import tariff quota

On 16 August 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 516 establishing temporary import tariff-rate quotas for certain sulphuric acid, colouri...

Implementation date

29 Aug 2023

Revocation date:

No revocation date

Import tariff In force

On 16 August 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 516 increasing the import duties of 4 products. Resolution No. 516 was published on 18 A...

Implementation date

29 Aug 2023

Revocation date:

No revocation date

Import tariff In force

On 16 August 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 516 decreasing the import duties of 4 products, including certain cheeses and revolvers....

Import tariff quota

On 16 August 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 516 establishing a temporary import tariff-rate quota for coffee and tea makers. Resolut...