Global trading platform Tridge
Maximize your business opportunity with our Intelligence & Data Solution. Get started now.

News & Insights

Local News

Argentina: The Government modified the withholdings for more than 4,500 products

Updated Dec 31, 2020
INICIO LID MULTIMEDIA CAMPUS UP Through Decree 1060/2020, export duties were eliminated for regional economies. The retentions of industrial final goods were reduced and that of basic or intermediate goods rose. Thursday, December 31, 2020 | 16:18 The Government through decree 1060/2020 in the Official Gazette made changes to the export rights of industrial and agricultural products. There were reductions in withholdings in goods with higher added value and there were increases in goods with less value. In addition, the export duties of many regional economies were reduced to 0%. 4,593 tariff positions were modified (3,641 industrial and the rest of agriculture) and the aliquots became 4.5%, 3% or 0%. Official sources explained that the measure seeks to "unify" the aliquots of products according to "the level of value added" of exports. Industrial final goods and basic inputs remain at 0%, industrial processed inputs remain at 3% and industrial raw materials and industrial inputs ...
Everything you love about a trade show, made 24/7
Sponsored by
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.