New Export Duty Tariff

On September 4th, 2018, Argentina implemented a new export duty tariff of 12%. This law is expected to remain in effect until December 31st, 2020.

Applicability of the Tariff

The 12% tariff applies to exports for consumption of all merchandise that is listed under the COMMON NOMENCLATURE OF MERCOSUR (NCM).

Payment Waiting Period

The new law allows a waiting period of 60 days for payment for those exporters whose previous year’s export, from the date of the export application, was less than TWENTY MILLION US DOLLARS (U$ 20,000,000). Please note that this does not apply to export operations on behalf of third parties.

Simplified Export Regime

The norm does not apply to beneficiaries of the Simplified Export Regime known as “EXPORTA SIMPLE”, established through the Joint General Resolution No. 4049 on May 12, 2017.

Impact on Prototype Samples

This new law affects the return of prototype samples that have been imported for testing. Local support teams may be required to pay this additional export fee when shipping back the samples to manufacturers.