Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil recently added 399 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 Sept. 16. The 333 added capital goods…
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are classified in Harmonized System chapters 82, 84, 85, 86, 89 and 90, while the 66 added IT and telecom goods are classified in chapters 84, 85 and 90. Duty-free treatment lasts through Dec. 31, 2025. Brazil also removed 43 items from the list, and made “various changes” to its list of automotive parts that qualify for an import duty exemption, HKTDC said.