Global Trade Alert
Global Trade Alert

Brazil: Temporary import duty reduction on hybrid cars, tractors, and diammonium phosphate plus compensating tariff rises

Announcement

18 Sep 2014

On 18 September 2014, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 86 reducing import tariffs on four goods:

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

19 Sep 2014

Revocation date:

19 Dec 2015

Announced: 18 Sep 2014
Import tariff
The tariffs were reduced for: Hybrid passenger cars (NCM 8703.22.10): duty was reduced from 35% to 0%, 2%, 4%, 5%, and 7% depending on the type, the quota lasts until 31 December 2015 Hybrid passenger...
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Implementation date

19 Sep 2014

Revocation date:

19 Dec 2015

Announced: 18 Sep 2014
Import tariff
In order to include the four tariff lines in the LETEC, four other items had to be imposed: NCM 2809.20.19: duty went from 0% to 4% NCM 2915.40.20: duty went from 2% to 12% NCM 7102.39.00: duty went f...
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