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Brazil Modifies Duties on Additional Products

Brazilian authorities have announced the addition of 339 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, 321 items are capital goods (281 are new and 40 are renewals) and the remaining 18 are IT and telecom goods (17 are new and one is a renewal). The capital goods covered by these actions are classified in HS chapters 82, 84, 85, 86, 87, 89, 90 and 94, while subject IT and telecom goods are classified in HS chapters 84, 85 and 90. Subject merchandise will benefit from duty-free treatment through 30 June 2020.

Brazil has also adopted the following changes to the Mercosur common external tariff.

  • shelled hazelnuts or filberts classified under NCM 0802.22.00 – duty has been reduced from six percent to two percent
  • other aromatic hydrocarbon mixtures containing trimethylbenzenes and ethyltoluenes as major constituents classified under NCM 2707.50.10 – duty has increased from zero to four percent under a new tariff breakout
  • cetyl alcohol classified under NCM 2905.17.20 – duty has risen from two percent to 12 percent
  • ethyl esters of acrylic acid classified under NCM 2916.12.20 – duty has fallen from 12 percent to two percent
  • retinoic acid classified under NCM 3003.90.17 and 3004.50.60 – duty has been hiked from zero to eight percent
  • photographic film in rolls for X-rays, sensitised on both sides, classified under NCM 3702.10.20 – duty has fallen from 14 percent to two percent
Content provided by Picture: HKTDC Research
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