Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil recently added 599 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 Nov. 7. The 521 added capital goods…
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are classified in Harmonized System chapters 84, 85, 86, 89 and 90, while the 78 added IT and telecom goods are classified in chapters 84, 85 and 90. Duty-free treatment lasts through Dec. 31, 2025. Brazil also established and renewed tariff rate quotas on several imports, including acrylic/modacrylic filament tow, glass carboys and bottles, certain glass bottles, alloy sheets and cellphone base station antennas. Other recent changes include revisions to Brazil's list of exceptions to the Mercosur common external tariff and other tariff changes.