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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 415/3

17 October 2014

Dear Sirs,

Commercial Information Circular No. 910/2014

Colombia : Tariff Suspension on Various Vehicles and Auto Parts


Further to Commercial Information Circular No. 234/2014 of 14 March 2014 regarding the tariff suspension on various vehicles and auto parts imported under an Automotive Industry Promotion Program ("Programa de Fomento para la Industria Automotriz" in Spanish), the Colombian government issued Resolution No. 150/2014 on 17 July 2014 to set out the following requirements and details of the Program:
  1. a production certificate must be issued by the programme beneficiary demonstrating the incorporation of the imported goods;
  2. the agencies involved in certifying the claims made by the manufacturer;
  3. documentation required to establish that goods to be imported would qualify for duty-free treatment under the programme;
  4. a monitoring system for the imported goods once they enter the country; and
  5. establish penalties for companies that fail to follow programme requirements or make inaccurate claims.

2. For details, traders are advised to consult their importers in Colombia and/or the Colombian Resolution (in Spanish) at: http://www.dian.gov.co/descargas/normatividad/2014/Resoluciones/Resolucion_150_del_17_de_Julio_de_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.