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Brazil Modifies Duties on Additional Products

Brazilian authorities have announced the addition of 236 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, 224 items are capital goods and the remaining 12 are IT and telecom goods. The capital goods covered by these actions are classified in HS chapters 84, 85, 87 and 90, 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.

Additionally, tariff-rate quotas have been established on the following products to correct a lack of supply in the Brazilian market.

  • 6-hexanelactam
    A maximum of 2,000 tonnes of 6-hexanelactam (epsilon-caprolactam) classified under NCM 2933.71.00 will benefit from a reduced duty of two percent for a period of 12 months from 16 October. Out-of-quota merchandise will be subject to a regular MFN rate of 12 percent.
  • Hepatitis B Vaccines
    A maximum of 24 million doses of Hepatitis B vaccines classified under NCM 3002.20.23 will benefit from duty-free treatment for a period of 12 months from 16 October. Out-of-quota merchandise will be subject to a regular MFN rate of two percent.
  • Rabies Vaccines
    A maximum of three million doses of rabies vaccines classified under NCM 3002.20.29 will benefit from duty-free treatment for a period of 12 months from 16 October. Out-of-quota merchandise will be subject to a regular MFN rate of two percent.
  • PET Resin
    A maximum of 10,000 tonnes of poly(ethylene terephthalate) resin having a viscosity number of at least 0.98 dl/g but no higher than 1.10 dl/g, classified under NCM 3907.61.00, will benefit from a reduced duty of two percent for a period of 12 months from 30 December. Out-of-quota merchandise will be subject to a regular MFN rate of 14 percent.
Content provided by Picture: HKTDC Research
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