The national government eliminated the restriction by which only automotive terminals could import cars Hybrid, electric and fuel cell (hydrogen) vehicles, complete, both fully assembled (CBU), semi-knocked down (SKD) and completely disassembled (CKD) by decree 230/2019
La regulations, published in the Official Gazette this Friday (29.3.2019) indicates that the Decree 331 of May 11, 2017 The corresponding rates for the Extra-Zone Importation Duty were established for the tariff items of the Common Nomenclature of Mercosur (NCM) for certain hybrid, electric and fuel cell (hydrogen) automobile vehicles, complete, both fully assembled (CBU), semi-disassembled (SKD) and fully disassembled (CKD), for a period of 36 months, and for a limited quota of 6.000 vehicles.
In this way, by article 4 of the aforementioned decree it was established Its scope is only for authorized automotive terminals to operate as a terminal company in the automotive industry.
In this sense, Law 21.932 and its amending and regulatory norms established that the National Executive Branch could authorize the installation of new automotive production terminals or the change of ownership of existing companies in activity as of the date of sanction of said law, whether by sale, merger of companies, absorption or association, after evaluation and opinion of the implementing authority.
“In order to maximize the beneficiaries reached by the reduced rates of the Import Duty for certain hybrid, electric and fuel cell (hydrogen) automobile vehicles, complete, both fully assembled (CBU), semi-knocked down (SKD) and completely disassembled (CKD), established by Decree No. 331/17, repeal is necessary of the provisions set forth in article 4 of that regulation," the decree states.
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
