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Brazil Lowers Duties on Additional Products

Brazilian authorities announced on 25 September the addition of 161 items to a list of foreign capital goods and information technology and telecommunications goods that benefit from reduced duty or duty-free treatment under the Ex-Tarifario regime. Of this total, 152 items are capital goods (145 are new and seven are renewals) and the remaining nine are IT and telecom goods. Classified in HS chapters 84, 85, 86, 87 and 90, the capital goods will benefit from a reduced duty of two percent through 31 December 2017. The IT/telecom goods, which are classified in HS chapters 84, 85 and 90, will also benefit from a reduced duty of two percent through 31 December 2017.

Brazil’s Foreign Trade Chamber (CAMEX) indicates that 50.2 percent of the goods benefiting from the duty reductions under resolutions 88/2015 and 89/2015 will help the domestic food sector, 15.8 percent will benefit the energy generation, transmission and distribution sector, and 5.1 percent will benefit the pharmaceutical and chemical sectors.

Brazil also recently extended through 31 December 2021 the mechanism that allows Mercosur countries to have a national list of exceptions to the common external tariff. In the case of Brazil, this flexibility applies to up to 100 tariff lines.

Finally, CAMEX has established tariff-rate quotas on the products listed below to correct a lack of supply in the Brazilian market.

  • Hazelnuts. A maximum of 7,500 tonnes of shelled hazelnuts classified under NCM 0802.22.00 will benefit from a two percent duty for a period of 18 months from 6 October. Out-of-quota merchandise will be subject to a regular MFN rate of six percent. Hazelnuts are generally used as inputs for confectionary products.
  • Polyester yarn. A maximum of 120,600 tonnes of partially oriented polyester yarn classified under NCM 5402.46.00 will benefit from a two percent duty for a period of 12 months from 9 October. Out-of-quota merchandise will be subject to a regular MFN rate of 18 percent.
  • Printing Ink. A maximum of 396 tonnes of black printing ink for digital textile printing classified under NCM 3215.11.00 and 924 tonnes of other printing ink for digital textile printing classified under NCM 3215.19.00 will benefit from a two percent duty for a period of 12 months. Out-of-quota merchandise will be subject to a regular MFN rate of 14 percent.
  • Aluminium Foil. A maximum of three million square metres of certain etched aluminium foil used in the production of aluminium electrolytic capacitors and classified under NCM 7607.19.90 will benefit from a two percent duty for a period of 12 months. Out-of-quota merchandise will be subject to a regular MFN rate of 12 percent.
  • Poly(vinyl butyral) Film. A maximum of 5,692,698 kilogrammes of poly(vinyl butyral) film used in the production of laminated glass and classified under NCM 3920.91.00 will benefit from a two percent duty for a period of six months from 27 February 2016. Out-of-quota merchandise will be subject to a regular MFN rate of 16 percent.
  • Human Serum Albumin. A maximum of 240,780 ten-gram vials of human serum albumin classified under NCM 3002.10.37 will benefit from duty-free treatment for a period of 180 days from 7 October. Out-of-quota merchandise will be subject to a regular MFN rate of four percent.
Content provided by Picture: HKTDC Research
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