Brazil Streamlines Import Process for Used Machinery, Goods Eligible for Tax Benefits
Brazil is streamlining certain requirements for imports of used machinery and equipment and goods eligible for tax benefits, the Brazilian Ministry of Economy said in a May 9 press release. In a notice published May 8, the Brazil Ministry of…
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Economy extended the validity period of domestic production analyses, which form part of the initial stage of the approval process for used and benefit-eligible goods by determining whether there are any like domestic goods, according to an alert from the Hong Kong Trade and Development Council. Brazil is also adding several documents to its Ministry of Economy Electronic Information System (SEI/ME) related to importation of used production lines to expedite the import process, the press release said.