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COVID-19 | International Trade - Extension of deadlines under the Drawback regime

May 04, 2020

COVID-19 | International Trade - Extension of deadlines under the Drawback regime

International Trade - updated on May 04 at 06:38 pm 

Provisional Measure allows extension of deadlines under the Drawback regime

The Provisional Measure No. 960, published in the Official Gazette on May 4th, 2020, exceptionally allows the extension of the deadline for the suspension of the payment of taxes due upon importation for the beneficiaries of the Drawback regime under the modality Suspension. 

The measure is applicable to the drawback concessions that have already been extended for a year and will expire in 2020. These drawback concessions may be extended for another year, counting from its respective date of expiration.

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