The Executive Management Committee of the Foreign Trade Chamber (Camex) reduced import tax rates to zero on several capital goods and information technology and telecommunications goods this Thursday (August 27, 2020).
The items are: industrial machinery and equipment, all in the condition of former tariffs, This is a regime that consists of a temporary reduction in the import tax on IT and telecommunications capital goods.
The resolutions are already in effect and will take effect from September 1, 2020.
Attention importers, be aware of the new changes!
* This post is for informational purposes only and does not replace legal advice from a qualified professional.
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Source: UOL
