Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil added 349 items to its list of foreign capital goods and information technology and telecommunications goods subject to duty-free treatment under the country’s Ex-Tarifario regime, according to a May 8 Hong Kong Trade Development Council report. Among the additions,…
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325 items are capital goods and 24 are IT and telecommunications goods, the report said. The goods will benefit from duty-free treatment though Dec. 31, 2021. Brazil also updated its list of auto parts that qualify for duty exemptions, removing four items from the list, adding 192 items and modifying 21 product descriptions, the HKTDC said.