{"id":46540,"date":"2013-11-26T18:28:00","date_gmt":"2013-11-26T20:28:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/tax-on-chemicals-imports-down\/"},"modified":"2019-06-30T12:08:21","modified_gmt":"2019-06-30T15:08:21","slug":"tax-on-chemicals-imports-down","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/tax-on-chemicals-imports-down\/","title":{"rendered":"Tax on chemicals imports down"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The Brazilian Ministry of Development, Industry and Foreign Trade has announced this Tuesday (26th) that the import tax on five chemicals used in industrial production has been lowered to 2%. <\/p>\n<p>The tax break will remain in force for a 12-month period, as per a ruling of the Foreign Trade Chamber (Camex), an organization linked to the ministry. The original tax rates on the items ranged from 10% to 14%. The reason for the measure, according to the ministry, is an ongoing undersupply on the Brazilian market. <\/p>\n<p>The list includes Dinitro, registered under number 2904.90.14 of the Mercosur Common Nomenclature (NCM), for a quota of 3,600 tonnes; Monomethylamine (NCM 2921.11.11, for a quota of 60 tonnes), Monoethylamine and its salts (NCM 2921.19.11, for a quota of 738 tonnes); Di-n-propylamine (2921.19.22, quota of 1,205 tonnes); and anatase-type titanium oxide (NCM 2823.00.10, quota of 8,000 tonnes).<\/p>\n<p>The four former products are used in the synthesis of agricultural chemicals, and the latter is used in synthetic textile yarn manufacturing.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian government has lowered the rate for imports of five items to 2%. The measure will remain in effect for 12 months. The products are used in agricultural chemicals and textile yarn manufacturing.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[],"class_list":{"0":"post-46540","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business-opportunities"},"wps_subtitle":"The Brazilian government has lowered the rate for imports of five items to 2%. The measure will remain in effect for 12 months. The products are used in agricultural chemicals and textile yarn manufacturing.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=46540"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46540\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=46540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=46540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=46540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}