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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Commercial Information Circulars

24-hour hotline : 23 922 922

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

Ref : EIC 413/3

23 July 2014

Dear Sirs,

Commercial Information Circular No. 691/2014

Brazil : Modification of Import Tariffs 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:

  1. Certain capital goods classified under Southern Common Market (Mercosur1) Common Classification (NCM) chapters 82, 84-87, 89 and 90 will benefit from a reduced duty of 2% from 23 May 2014 until 31 December 2015.
  1. Certain capital goods classified under NCM codes 8602.10.00 Ex007 and Ex011 will benefit from duty-free treatment from 23 May 2014 until 31 December 2014.
  1. Certain information technology and telecommunication goods classified under NCM chapters 84-85 and 90 will benefit from a reduced duty of 2% from 23 May 2014 until 31 December 2015.

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. 37/2014 (relevant to items (a) and (b) above):
http://www.camex.gov.br/legislacao/interna/id/1221

Resolution No. 38/2014 (relevant to item (c) above):
http://www.camex.gov.br/legislacao/interna/id/1222.

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

1. The Southern Common Market (Mercosur) includes Argentina, Brazil, Paraguay, Uruguay and Venezuela.



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.