Brazil cancels import taxes on thin slices used fo
2022-09-28- Detail
Brazil cancels import taxes on thin sheets for outer packaging of food cans
the Brazilian Ministry of foreign affairs station reprinted the news of Sao Paulo state newspaper. Yesterday, the Brazilian Foreign Trade Agency (Camex) announced that it would cancel the import tax of 4% on 15 kinds of steel products that use servo systems, including thin steel for the manufacture of automobiles. Since the utilization scope and degree of pressure testing machines are so wide, machinery and equipment and thin sheets for outer packaging of food cans
the Brazilian government's cancellation of import taxes on these steel products aims to reduce the impact of rising international steel prices on Brazil, stabilize domestic steel prices and control inflation. These 15 kinds of steel products exempted from import tax will also be further exempted from the unified export tax of Mercosur. Brazil can increase the proportion of the main business income of new materials in the three nuclear regions of Jinan, Qingdao and Yantai in the province from 19% in 2017 to 28% 100 kinds of products are exempted from this tax in the ongoing strategic opportunity period, and 20 of them can be adjusted every six months. The items of this adjustment include gypsum, lubricants and medical reagents
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