Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 413/2
13 June 2012
Dear Sirs,
Commercial Information Circular No. 454/2012
Brazil : Changes of Southern Common Market Common Classification and Common External Tariff
The Brazilian Government issued Resolution No. 94/2011 on 12 December 2011 to change the Southern Common Market (MERCOSUR) Common Classification (NCM) and Common External Tariff (TEC) to adapt to the changes in Harmonized System, which came into force on 1 January 2012. It also set out the list of exceptions to TEC and the list of exceptions for goods, and information technology and telecommunications, with the respective import tariff rates which will be valid until 31 December 2015.
2. The Brazilian Government further issued Resolution No. 29/2012 on 9 May 2012 to exclude certain amino-resins classified under NCM code 3909.30.20 from the list of exception in Resolution No. 94/2011, with effect from 9 May 2012. The amino-resin is subject to MFN applied duty rate of 14%
3. For details, traders are advised to consult their importers in Brazil and/or the relevant Brazilian Resolutions (in Portuguese) which are available at:
Resolution No. 94/2011:
http://www.mdic.gov.br/arquivos/dwnl_1323716926.pdfResolution No. 29/2012:
http://www.mdic.gov.br/arquivos/dwnl_1336587713.pdf.
ENQUIRIES
4. For enquiries about the content of this circular, please contact Miss S Y TANG at telephone number 2398 5405.
Yours faithfully,
(Ms Cindy CHENG)
for Director-General of Trade and Industry
| Note : | While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same. |