Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil added 447 items to its list of foreign capital goods and information technology and telecommunications goods subject to duty-free treatment under its Ex-Tarifario regime, the Hong Kong Trade Development Council reported Jan 3. The 403 added capital goods are…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
classified in Harmonized System chapters 73, 84, 85, 86, 87 and 90, while the 44 added IT and telecom goods are classified in chapters 84, 85 and 90. Duty-free treatment lasts through April 30. Brazil also removed 45 items from the list, HKTDC said. Brazil also established or renewed tariff-rate quotas on several imports to correct a lack of domestic supply, including infant formulas, acrylic staple fibers, ball bearings, frozen sardines, unroasted malt and rubber. The country also modified its list of exceptions for IT and telecom goods to provide duty‑free treatment for certain products.