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Brazil Lowers Duties on Additional Products

Brazilian authorities have announced the addition of 147 items to a list of foreign capital goods and information technology and telecommunications goods that benefit from duty-free treatment under the Ex-Tarifario regime, down from 14 or 16 percent. Many of these goods could potentially be imported from mainland China and/or Hong Kong.

Of this total, 136 items are capital goods and the remaining 11 are IT and telecom goods. The capital goods covered by these actions are classified in HS chapters 84, 85, 86 and 90, while subject IT and telecom goods are classified in HS chapters 85 and 90. These goods will benefit from duty-free treatment through 31 December 2021.

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