Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil added 282 items to its list of foreign capital goods and information technology and telecommunications goods subject to duty-free treatment under the country’s Ex-Tarifario regime, according to a Feb. 11 Hong Kong Trade Development Council report. Among the additions,…
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241 items are capital goods and 41 are IT and telecommunications goods, the report said. The goods will benefit from duty-free treatment though Dec. 31, 2021. Brazil also updated its list of auto parts that qualify for duty exemptions, removing 19 items from the list and modifying several product descriptions, the HKTDC said.