Brazil Temporarily Reduces 6 Import Tariffs Due To Insufficient Supply

< p > Brazil, in view of the insufficient supply of its domestic market, the Brazil Foreign Trade Commission will temporarily cut down the following 6 items through the resolution: < /p >

< p > 1, whey and modified whey (except for powdered whey milk products), the southern city tax code 0404.10.00., the duty reduction quota is 2000 metric tons, the tax reduction period is 12 months, the current tariff rate is 28%, and the tariff quota will be reduced to 2%.

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< p > two, others, polyester and semi extension, the tax rate 5402.46.00 of the Southern Common City, the tariff reduction quota of 40400 tonnes, the tax reduction period to January 17, 2014, the current tariff rate of 18%, and the tariff quota will be reduced to 2%.

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< p > 3, other iron or non alloy steel welded tubes with circular cross-section (except for carbon steel products whose external diameter is greater than or equal to 17.20mm and less than 88.90mm), the total tax rate of the southern city is 7306.30.00, the duty reduction quota is 5000 metric tons, the tax reduction period is 12 months, the current tariff rate is 14%, and the tariff quota portion will be reduced to 2%.

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< p > four, other iron or non alloy steel welded tubes with circular section (except for carbon steel products whose external diameter is greater than or equal to 60.30mm and less than 193.70mm). The total tax rate of the southern city is 7306.30.00, the duty reduction quota is 8000 metric tons, the tax reduction period is 12 months, the customs duty rate is 14%, and the tariff quota portion will be reduced to 2%.

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< p > five, other aluminum foil (aluminum foil and aluminum foil, thickness not exceeding 0.2mm), southern city tax code 7607.11.90, tariff reduction quota of 563 tonnes, tax reduction period for 12 months, the current tariff rate is 20%, the tariff quota will be reduced to 2%.

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< p > six, other aluminum alloys (aluminum alloy plates and aluminum alloy tapes only, thickness of more than 0.2mm), Southern Common city tax number 7606.12.90, tax reduction tariff quota of 563 tonnes, tax reduction period for 12 months, the current tariff rate is 20%, the tariff quota will be reduced to 2%.

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< p > the Brazil Foreign Trade Commission also said that the Brazil government's import tariff reduction was carried out in accordance with resolution GMC08/2008 of the Southern Common city. The resolution authorizes member governments to reduce the import tariff rate automatically according to the temporary supply shortage in the domestic market, so as to meet the needs of the domestic market.

The International Trade Bureau of the Ministry of development, industry and trade of Brazil will put forward a set of measures to set up the above 6 major product tariff quotas.

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