Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 413/3
13 June 2014
Dear Sirs,
Commercial Information Circular No. 569/2014
Brazil : Modification of Import Tariffs and Establishment of Tariff Rate Quotas on Various Products
The Brazilian government has modified the import tariffs of a number of products, and established tariff rate quotas on certain imports. A summary of the changes is set out as follows:
- Certain information technology and telecommunication goods classified under Southern Common Market (Mercosur1) Common Classification (NCM) chapters 84 and 85 will benefit from a reduced duty of 2% from 28 April 2014 until 31 December 2015.
- Certain capital goods classified under NCM chapters 84-87, 89 and 90 will benefit from a reduced duty of 2% from 28 April 2014 until 31 December 2015.
- Import tariffs of 23,000 tonnes of certain frozen sardines under NCM code 0303.53.00 would benefit from a reduced duty of 2% from 1 May 2014 until 30 September 2014. Imports exceeding the quota will be subject to the normal tariff rate of 10%.
2. For details of the Brazilian measures and the products involved, traders are advised to consult their importers in Brazil and/or the relevant Brazilian Resolutions (in Portuguese) which are available at:
Resolution No. 34/2014 (relevant to item (a) above):
http://www.camex.gov.br/legislacao/interna/id/1214
Resolution No. 35/2014 (relevant to item (b) above):
http://www.camex.gov.br/legislacao/interna/id/1215
Resolution No. 36/2014 (relevant to item (c) above):
http://www.camex.gov.br/legislacao/interna/id/1216.
ENQUIRIES
3.For enquiries about the content of this circular, please contact Mr Lewis LAU 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. |