Discusses requirements for products entering the country/economy temporarily. Includes information on warranty and non-warranty items shipped for repairs.
The Temporary Admission Regime (TAR) allows duty-free admission of goods such as commercial samples, packaging, pallets, containers, and goods for exhibits. The exports must be re-exported within the stipulated time as set by Customs, in accordance with the type of imported merchandise. Failure to re-export goods will result in a fine. Merchandise may incur changes, which increase or lower its value, but no export charges will be levied when goods remain unchanged. If value is increased, charges will apply to the value added. The transfer of property, possession, or use is not permitted. A bond is required to cover the value of import charges for the goods. The bond will be refunded when the goods are re-exported.
Finished goods must be exported within 360 days from the date of temporary admission; however, this deadline may be extended for an additional 360 days. There are special permissions for long-term projects for which the maximum stay under the TAR is 1,080 days.
Argentina is not included in the A.T.A. Carnet (temporary admission) program of the U.S. Council for International Business, which allows the importation of goods, display booths, and literature for display in local trade shows for subsequent re-export. The TAR should be used. Many trade show organizers obtain a special waiver from the Ministry of Economy by declaring an event “of national interest.”
The Argentine Customs Bureau allows duty-free admission of primary and intermediate goods into Argentina for use in export production or for applying finishing touches on goods destined for re-exportation. TAR provides opportunities for Argentine manufacturers of exportable goods to reduce costs by not paying tariffs, VAT, or anticipated profits tax on imported goods. This also is important for Argentine businesses that repair goods that are shipped from other countries. Nearly one-fifth of all Argentine exports are related in some way to this regime.
Goods are considered eligible for the TAR program if they are substantially transformed or processed in an industrial process site that has the end goal of producing an export. Examples of “transformation” include manufacturing, combination, mixture, dosage, repair, rehabilitation, assembly, or installation within a more complex final product. This includes products that are consumed either completely or partially in another process, as with oils and combustibles, disposable materials used in a production process, machinery parts, packaging and bottling, etc. Damaged goods in need of repair can also enter the country under this program to undergo repairs, contingent upon their subsequent re-exportation.
These goods may remain in Argentina without paying tariffs for a one-year period, or in the case of inputs for the production of capital goods that are listed as “non-serialized” by the MERCOSUR Common Nomenclature System. Failure to re-export goods will result in a fine.
The sectors that take advantage of this regime are automotive, chemical, basic metallurgy, food and beverage, machinery and equipment, leather, petrochemical, and paper. The usage of this regime is highly concentrated: approximately 10 percent of the firms that have used this regime import 90 percent of the goods that qualify.