Brazil cocoa grinders oppose bill to cut import tax drawback claim period to 6 months from 24
Brazil’s cocoa industry association AIPC is criticizing a bill pending in Congress that would shorten the deadline for claiming tax benefits linked to cocoa imports under a drawback mechanism from 24 months to six. The group said the change would leave companies less time to complete processing and export cycles. AIPC warned this could lift production costs and erode the international price competitiveness of Brazilian cocoa products.