Commercial Information Circulars

24-hour hotline : 23 922 922

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

Ref : EIC 413/3

29 April 2015

Dear Sirs,

Commercial Information Circular No. 304/2015

Brazil : Modification of Import Tariffs and Establishment of Tariff Rate Quota 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 information technology and telecommunications goods classified under NCM chapters 84-85, and 90 to benefit from a reduced duty of 2% from 6 March 2015 until 31 December 2015.

2. Certain capital goods classified under NCM chapters 84-87, and 90 to benefit from a reduced duty of 2% from 6 March 2015 until 30 June 2016.

3. The tariff rate quota of 600,000 tonnes on certain methanol classified under NCM code 2905.11.00 has been extended for the period of 4 April 2015 to 3 April 2016. In-quota imports will benefit from duty free treatment, while out-of-quota tariff rate is 12%

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. 11/2015 (relevant to item (a) above):
http://www.camex.gov.br/legislacao/interna/id/1355

Resolution No. 12/2015 (relevant to item (b) above):
http://www.camex.gov.br/legislacao/interna/id/1356

Resolution No. 13/2015 (relevant to item (c) above):
http://www.camex.gov.br/legislacao/interna/id/1357.

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.