U.S. carriers are therefore also exempt from this tax. Deception on the part of the importer or altering the value of imports is considered fraud and subject to legal penalties. At the end of 1997, the maximum CET was raised to 23 percent. Capital goods for the industrial, hotel and forestry sectors are presently exempt from tariffs. The maximum import duty ranges from 0 to 27 percent.
Import Licenses Certain imports require special licenses or customs documents.
Among these are drugs, certain medical equipment and chemicals, firearms, radioactive materials, frozen embryos, livestock, bull semen, anabolics, sugar, seeds, hormones, meat and wheat. There are no export controls currently in force. Export sales of certain domestic products enjoy tax exemptions and special credits. Only commercial firms, industrial firms or individuals listed in the registry of importers may legally import products into Uruguay. No unusual documents are required to import merchandise.