On July 14, 2017, the Office of the U.S. Trade Representative (USTR) published in the Federal Register a notice providing country-by-country allocations of the Fiscal Year (FY) 2018 (October 1, 2017 through Sept. 30, 2018) in-quota quantity of the tariff-rate quotas for imported raw cane sugar, certain sugars, syrups and molasses (also known as refined sugar), specialty sugar, and sugar-containing products.
On 15 May 2017, the Boletin Official published Decree 333/2017 (5 May 2017), which reinstates a prohibition (for a period of five years) on the importation for consumption of certain used textile products covered by MERCOSUR Common Nomenclature (NCM)
On 3 March 2017, the Boletin Oficial (Official Bulletin) published Secretary of Commerce Resolution 152-E / 2017 (02-03-17), which modifies Resolution № 5/2015 by eliminating 11 statistical subheadings to the MERCOSUR Common Nomenclature (NCM) from the list of goods subject to the Non-Automatic Licensing requirements. These items will now be subject to the Automatic Licensing regime.
On 23 January 2017, the Boletin Oficial (Official Gazette) published Decree 51/2017 (20 January 2017) (by the President with the agreement of the Ministers) to remove the congestion of goods being stored by the Customs Service.
The Argentine Central Bank (“ACB”) issued Communication “A” 6118 (“Communication”), which modified Communication “A” 6037 by providing more flexibility to payments linked to e-commerce transactions. The Communication amended the requirements applicable for payments performed through payment processors’ entities. It also includes the obligation of the local financial institution to issue, at an exporter’s request, a certification of the funds received or liquidation of funds.
Member countries of the World Trade Organization (WTO) are required under the Agreement on Technical Barriers to Trade (TBT Agreement) to report to the WTO all proposed technical regulations that could affect trade with other Member countries. The WTO Secretariat distributes this information in the form of “notifications” to all Member countries. The chart below summarizes notifications from the WTO in English received and posted by the U.S. National Institute of Standards and Technology (NIST) during the past month.
Customs issued General Instruction 8/2016 of 19 September 2016, abrogating General Instruction 7/2012. The latter had ordered the blocking of all payments of exports benefits to those exporters that were in breach of their obligations under the foreign exchange regulations.
Recently, Customs notified hundreds of importers regarding the imminent start of an audit of the alleged inconsistency between the statements made when applying for the grant of the Sworn Advance Import Declaration (DJAI) and the final import Declaration.
These audits would be related to a complaint made by the recently suspended Customs Administrator. In the complaint it is stated that thousands of companies had used the previous DJAIs regime to convert foreign currency abroad in excess of what was actually due. Specifically, for the importers artificially increased the amount of imports or re-used the same DJAI several times or did not subsequently make imports, all in order to convert excess foreign exchange abroad.
On 27 July 2016, the Federal Adm. of Public Revenues (AFIP) published in the Boletín Oficial de la República Argentina (the Official Gazette) General Resolution № 3916 of 25 July 2016, which revises the rules for sending non-commercial shipments via postal/courier providers. The revised rules apply to non-commercial shipments of up to 50kg valued at US$ 1,000 or less comprised of up to 3 units of the same kind of goods and comes into effect…
On 27 July 2016, the Federal Adm. of Public Revenues (AFIP) published in the Boletín Oficial de la República Argentina (the Official Gazette) General Resolution № 3915 of 25 July 2016, which establishes a new regime for international shipments via the official Postal Service. Under the new regime, subjects who receive shipments of goods from abroad, which entered the country through the Official Post must have CUIT, CUIL or CDI and Key Fiscal enabled for…