Additional customs tax has been introduced

Published 2020년 8월 5일

Tridge summary

A new decision by the President of Paraguay, published in the Official Gazette, changes the import regime for 115 processed agricultural products. These products will now have additional customs duties ranging from 4.3% to 20%, with a few exceptions for countries with the European Union and Free Trade Agreements. The purpose of this change is to protect and support domestic production. Additionally, the decision aims to implement more effectively the import of garlic, walnut, banana, tea, snack, and sunflower products without increasing customs duties, by applying a relative and fixed part of the customs tax. The changes will come into effect 15 days after the publication of the decision.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Additional President's Decision to the Import Regime Decision was published in the Official Gazette. Accordingly, Paraguay tea, cocoa-free sugar products, chocolate and other food preparations containing cocoa, pastas, bread, pastry, cakes, biscuits and other bakery products, food products obtained from the rise or roasting of cereals or cereals, yeast and malt Additional customs duty will be applied to the product, which includes 115 processed agricultural products to cover beers. These products will be subject to additional customs duties at rates ranging from 4.3 percent to 20 percent, excluding those of the country that have signed the European Union and the Free Trade Agreement. The decision will come into force 15 days later. On the other hand, in order to protect and support domestic production within the scope of the Supplementary President Decision to another Import Regime Decision published in the Official Gazette, arrangements were made ...

Source: Haberler Agri News