Argentina Imposed Value Criterion on Imports of Knitted Fabrics

Effective 16 Dec 2010, as an important tool to curtail tax evasion and combating under-invoicing practices in import operations, Argentina established criterion values precautionary measure on import of knitted fabrics on good origin from Group 4 countries. The standard FOB value of the knitted items varies from US$5-7 per kilogram.

Group 4 countries comprises of: 

308  Democratic Korea 309  Republican Korea 310  China 312  Philippines  341  Hong Kong  315  India 316  Indonesia

326  Malaysia 332  Pakistan  333  Singapore 313  Taiwan 335  Thailand 337  Vietnam