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Brazil Lowers Duties on Additional Products

Brazilian authorities recently announced the addition through Resolutions 81/2016 and 91/2016 of 240 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, 230 items are capital goods and the remaining ten are IT and telecom goods. Classified in HS chapters 82, 84, 85, 86, 90 and 94, the capital goods will benefit from a reduced duty of two percent through 30 June 2018, with the exception of two items that will benefit from such treatment through 30 June 2017. The IT/telecom goods, which are classified in HS chapters 84 and 85, will benefit from a reduced duty of two percent through 30 June 2017 or 30 June 2018.

Brazil’s Foreign Trade Chamber (CAMEX) also recently added through Resolution 80/2016 a total of 40 items to the list of automotive parts that benefit from a reduced two percent duty, down from 8, 14, 16 or 18 percent. In addition, Brazilian authorities have rescinded through Resolution 82/2016 the tariff-rate quota in place on up to 225,000 tonnes of methanol classified under NCM 2905.11.00 and will instead provide duty-free treatment to this product without restriction. Moreover, CAMEX has announced the following changes to Brazil’s list of exemptions to the Mercosur common external tariff. As a result, the duties on the following products have either increased or decreased.

  • Household electric appliances used in the preparation of instant beverages in individual doses from capsules or roasted coffee beans, classified under NCM 8516.71.00 – duty has been reduced from 20 percent to zero.
  • Kidney beans classified under NCM 0713.33.19 and 0713.33.99 – duty has been lowered from ten percent to zero through 31 December 2016.
  • Technically specified natural rubber classified under NCM 4001.22.00 and other natural rubber granulated or pressed classified under NCM 4001.29.20 – duty has risen from four percent to 14 percent.

Finally, the TRQ for up to a million tonnes of corn classified under NCM 1005.90.10 that was established earlier this year has been extended through the end of the year. In-quota merchandise will continue to benefit from duty-free treatment while out-of-quota merchandise will be subject to a regular MFN rate of eight percent. This action comes in response to a request from the Brazilian meat sector, which claims it needs the tariff reduction to gain access to cheaper feed for its poultry and pork operations.

Content provided by Picture: HKTDC Research
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