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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
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Commercial Information Circulars

24-hour hotline : 23 922 922

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

Ref : EIC 413/3

11 August 2017

Dear Sirs,

Commercial Information Circular No. 693/2017

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 quota on certain imports. A summary of the changes is set out as follows:

  1. Certain information technology and telecommunications goods classified under Southern Common Market (Mercosur1) Common Classification (NCM) chapters 84, 85 and 90 to benefit from a reduced duty of 2% until 31 December 2018.
  2. Certain capital goods classified under NCM chapters 82, 84, 85 and 90 to benefit from a reduced duty of 2% until 31 December 2018.
  3. In-quota imports of 4,800 tonnes of Filament tow of acrylic or modacrylic classified under NCM code 5501.30.00 benefit from a reduced duty of 2% for a period of 12 months until 5 May 2018, while out-of-quota tariff rate is 16%.
  4. In-quota imports of 23,000 tonnes of diphenylmethane diisocyanate classified under NCM code 2929.10.10 benefit from a reduced duty of 2% for a period of 12 months until 10 May 2018, while out-of-quota tariff rate is 14%.
  5. In-quota imports of 7,000 tonnes of certain high tenacity polyester yarn classified under NCM code 5402.20.00 benefit from a reduced duty of 2% for a period of 12 months until 10 May 2018, while out-of-quota tariff rate is 18%.
  6. In-quota imports of 33,000 tonnes of partially oriented polyester yarn classified under NCM code 5402.46.00 benefit from a reduced duty of 2% for a period of 12 months until 10 May 2018, while out-of-quota tariff rate is 18%.
  7. Import tariff rate of 3,4-dichlorophenyl isocyanates classified under NCM code 2929.10.30 has been reduced from 14% to 2% since 1 July 2017. 

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. 37/2017 (relevant to item (a) above):
http://www.camex.itamaraty.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1857-resolucao-n-37-de-05-de-maio-de-2017
 
Resolution No. 38/2017 (relevant to item (b) above):
http://www.camex.itamaraty.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1858-resolucao-n-38-de-05-de-maio-de-2017
 
Resolution No. 34/2017 (relevant to item (c) above):
http://www.camex.itamaraty.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1853-resolucao-n-34-de-05-de-maio-de-2017
 
Resolution No. 39/2017 (relevant to items (d) – (f) above):
http://www.camex.itamaraty.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1860-resolucao-n-39-de-10-de-maio-de-2017
 
Resolution No. 35/2017 (relevant to item (g) above):
http://www.camex.itamaraty.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1854-resolucao-n-35-de-05-de-maio-de-2017

ENQUIRIES

3.For enquiries about the content of this circular, please contact Mr Lewis LAU at telephone number 2398 5405.

Yours faithfully,

(Ms Lydia CHAN)
for Director-General of Trade and Industry

1 The Southern Common Market (Mercosur) includes Argentina, Brazil, Paraguay, Uruguay and Venezuela. Membership of Venezuela has been temporarily suspended since 2 December 2016.

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.