3 March 2017
Argentina Adopts New Criterion Values for Certain Toilet and Kitchen Linen
Argentina has amended the reference/criterion values for toilet and kitchen linen of cotton terry towelling or similar terry fabrics classified under NCM 6302.60.00 from various sources, including Hong Kong and mainland China. The new values range from US$7.10 per kilogramme to US$8.40 per kilogramme, depending on the product’s features. If such goods have declared values lower than the new criterion values, which are purportedly aimed at preventing the under-invoicing of imports, the importer must pay a guarantee equivalent to the difference in duties on the declared value and the criterion value.