11 May 2018
Brazil Lowers Duties on Various Products
Brazil has lowered from 14 percent to two percent the import duty on industrial fatty lauryl alcohol classified under NCM 3823.70.20. Additionally, tariff-rate quotas have been established on imports of the following products to correct a lack of supply in the Brazilian market. As a result, subject merchandise will benefit from a reduced two percent duty for a period of 12 months.
- up to 7,200 tonnes of unalloyed nickel cathodes classified under NCM 7502.10.10
- up to of 8,000 tonnes of anatase titanium oxide classified under NCM 2823.00.10
- up to of 224,785 tonnes of palm kernel oil classified under NCM 1513.29.10
- up to 500 voltage switches meeting certain characteristics classified under NCM 8535.90.00
Meanwhile, Brazilian authorities are seeking input from interested parties by 30 May on a proposal to lower from 10, 12 or 14 percent to two percent the import duty on a range of chemicals of HS chapters 28 and 29.