Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 419/2
25 June 2014
Dear Sirs,
Commercial Information Circular No. 606/2014
Ecuador : Modification of Import Tariffs on Various Products
The Ecuadorian government has modified the import tariff of various products. A summary of the changes is set out as follows:
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Import tariffs of certain bikes valued at US$400 or less classified under Harmonized Tariff Schedule of Ecuador (HTSEC) code 8712.00.00 will be subject to the normal tariff rate of 30% with effect from 1 May 2014.
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Import tariffs of certain (bicycle) saddles classified under HTSEC code 8714.95.00, and steel bike frames, rigid forks, handlebars and seat posts under HTSEC codes 8714.91.00 and 8714.99.00 will be subject to the tariff rate of 25% with effect from 1 May 2014.
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Import tariffs of certain electric induction stoves complete knock down (CKD) classified under HTSEC code 8516.60.20.21 will benefit from duty-free treatment from 30 April 2014 till 30 November 2014.
2.For details, traders are advised to consult their importers in Ecuador and/or the above Ecuadorian Resolutions (in Spanish) available at:
Resolution No. 12/2014 (relevant to items (a) and (b) above):
http://comercioexterior.gob.ec/wp-content/uploads/downloads/2014/04/Resolucion-012_2014.pdf
Resolution No. 13/2014 (relevant to item (c) above):
http://www.aduana.gob.ec/archivos/Boletines/2014/Resolucion-013-2014.pdf.
http://comercioexterior.gob.ec/wp-content/uploads/downloads/2014/04/Resolucion-012_2014.pdf
Resolution No. 13/2014 (relevant to item (c) above):
http://www.aduana.gob.ec/archivos/Boletines/2014/Resolucion-013-2014.pdf.
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. |