The Foreign Trade Chamber (CAMEX) at the Ministry of Economy updated the lists of products under the regime of auto-parts not produced domestically, which grants import tariff benefits to qualified automotive companies.
The Foreign Trade Chamber (CAMEX) at the Ministry of Economy enacted two resolutions that updated the lists of auto-parts under the regime of auto-parts not produced domestically. The regime grants import tariff benefits to qualified automotive companies in two frameworks. More information is available on CAMEX’s website.
GECEX Resolution n.º 312/2022 updated the “reduction” framework of the regime, stemming from the 38th additional protocol to the Economic Complementation Agreement n.º 14, which establishes 2% import tariff rates for auto-parts treated as the “ex-tariff” regime, i.e., as capital goods (BK) or computer and telecommunication goods (BIT). The resolution included 668 auto-parts within 160 Mercosur Common Nomenclature codes (NCM, in the Portuguese acronym), altered the “Ex” designations of another 33 auto-parts (19 NCM codes), and excluded another 46 products (27 NCM codes).
GECEX Resolution n.º 313/2022 updated the “exemption” framework of the regime, provided by Law n.º 13.755/2018 and Decree n.º 9.557/2018 (Rota 2030 program), which exempts specific auto-parts that comprise the program from import tariffs. The resolution excluded seven products (seven NCM codes) and altered the “Ex” designation of another product.
