Brazil: Two products removed from the list of auto parts not domestically produced related to the import duties exemption mechanism (September 2023)

Announcement

22 Sep 2023

In September 2023, the Brazilian government removed two products from the list of products listed in the not-locally produced auto-parts scheme under GECEX Resolution No. 285 of December 2021 (see related state act). As a consequence, the import duty set on these products were increased.

Source

Number of interventions

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

02 Oct 2023

Revocation date:

No revocation date

Import tariff In force

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 523 removing two products classified under NCMs 8413.30.90 and 8708.99.90 from the li...

Implementation date

02 Oct 2023

Revocation date:

No revocation date

Tax or social insurance relief In force

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 523 two products classified under NCMs 8413.30.90 and 8708.99.90 from the list of aut...

Related State Acts

21 Dec 2021

Brazil: New list of auto parts not locally-produced eligible from 2022 for the import duties exemptions mechanism

15 Dec 2023

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

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