Import process

To make this evidence, consult the following training material: Make a technical
data or specification sheet about a product that Colombia imports in agreement
with the FTA. It must have the duty rates and the custom valuation according to
the country of destination, with the purpose of giving detailed information about
the product that the customer will buy.

TLC
Since the Treaty of Free Trade signed between Canada and Colombia, the
departments of Colombia have taken advantage of, integrating it as a means of
development and diversification of their local market, introducing innovative
products, always seeking a competitive advantage between the local market
and international.

Incentives
1. Taxes:
15% Single rate of income tax for industrial users of goods and services
(outside the free zone is 25%).

0% Equity tax CREE (outside free zone is 9%)

.
0% VAT and tariffs on foreign goods.

0% VAT on national goods.

2. Customs officers:
Customs extraterritoriality.
Non-payment of customs duties for capital goods, equipment, supplies and
spare parts from abroad.
Partial payment of taxes on merchandise from abroad to be used just in time
in Colombia.

PRODUCT
Other types of Wheat

Other Wheat is identified under tariff heading 1001991090 and relates basically
to other wheats not included in other tariff headings falling within Chapter (1001)
Wheat and Morcajo. In 2012, imports of this product totaled US $ 103,111,918
million dollars, on the total imported in its category. With respect specifically to
imports of this product from Canada, it can be observed that in 2012 they were
USD $ 68,429,922 million dollars, a figure that in previous years did not present
any participation by the country towards the department and also in general
terms, which Shows that before 2012 Bogota did not import this product.
However, with respect to August 2012 and August 2013, there was a decrease
of 10.85% in imports, which were USD $ 10,882,982 in 2012 and USD $
33,567,536.90 in 2013. It is clear that Canada's share of total imports from
Bogot is quite significant, basically because there are not many suppliers and
the market is small, which places the country in the number one position in the
ranking.