Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil added 397 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 May 28. The 327 added capital goods are classified in Harmonized System chapters 84, 85, 86, 87 and 90, while the 70 added IT and telecom goods are classified in chapters 84, 85 and 90. Duty-free treatment lasts through Dec. 31, 2021. Brazil also removed 24 items from the list, HKTDC said.
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The country also announced duty-free treatment for certain COVID-related imports, including certain medicaments, and revised the tariff-rate quota for certain unroasted malt imports. In addition, Brazil also revised its fees for using SISCOMEX, its electronic single window for international trade.