Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : EIC 415/3

31 December 2010

Dear Sirs,

Commercial Information Circular No. 629/2010

Colombia : Reduction of Import Tariffs on a Number of Products

The Colombian Government has recently reduced the import tariffs of a wide range of products. The new tariff rates have become effective on 5 November 2010. A summary of the major changes are set out as follows: 

1. The import tariffs of certain textiles and clothing products (classifiable under Chapters 50-63 of the Colombian Harmonized System (HS)) reduced from 20% to 15% or 10% or from 15% to 5%.
   
   

2. The import tariffs of certain footwear (classifiable under HS Chapter 64) reduced from 20% to 15%.
   
   

3. The import tariffs of certain electrical machinery and equipment (classifiable under HS Chapter 85) reduced from 20% to 15% or from 15% to 5%.
   
   

4. The import tariffs of certain toys (classifiable under HS Chapter 95) reduced from 20% to 15%.
   
   

5. The import tariffs of certain motor vehicles (classifiable under HS Chapter 87) reduced from 20% to 15% or from 15% to 10%.
   

2. For details of the products involved and the respective tariff rates, traders are advised to consult their importers in Colombia and/or make reference to the relevant Colombian Decrees (in Spanish) which are available at: 

Decree No. 4114/2010 (relevant to items (a)-(d) above):
http://www.mincomercio.gov.co/eContent/documentos/Normatividad/decretos/2010/Decreto-4114-2010.pdf 

Decree No. 4115/2010 (relevant to item (e) above):
http://www.mincomercio.gov.co/eContent/documentos/Normatividad/decretos/2010/Decreto-4115-2010.pdf

ENQUIRIES

3. For enquiries about the content of this circular, please contact Miss S Y TANG at telephone number 2398 5405.

Yours faithfully,

(Miss Bonny CHAO)

for Director-General of Trade and Industry