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Taxes and Duties for NCM 7308.90.90

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In this article you find import duties and taxes for "ARTICLES OF IRON OR STEEL" categories under the Mercosul Common Nomenclature 7308.90.90.

Brazilian Product Code and Classification

Brazil use a system called "Mercosur Common Nomenclature" known as NCM to classify import duty and taxation on products imported to the country. NCM 7308.90.90 are related to the "Harmonized Commodity Description and Coding System" known as HS as following:

7308.90.90

NCM

Unique Digits

HS

Shared Digits


NCM code hat we are covering here have the following hierarchic position:

  • ARTICLES OF IRON OR STEEL
    • Structures (excluding prefabricated buildings of heading 9406) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel:
      • Other:
        • Other

Brazilian Import Duty and Taxes

We update import duties and taxes every weekday from the Brazilian Ministry of Development, Industry, and Foreign Trade.

The last update of import taxes was done February 10, 2014. Current data in this database was published by the Brazilian Ministry of Development, Industry, and Foreign Trade on January 30, 2014.

The ICMS rate vary depending on the destination state in Brazil of the imported product, in this case we use São Paulo state for ICMS.

For a better explanation regarding the ICMS rate Rio de Janeiro or Minas Gerais please read our corresponding articles. You can also read about the general ICMS Rates by State as well as the project of creating a single national ICMS rate.

Tax Name Rate
Import Duty 14.00 %
IPI 5.00 %
ICMS1 18.00 %
PIS 1.65 %
COFINS 7.60 %

1: Due to lack of ICMS exceptions this product we use the base rate for São Paulo state. However ICMS rates does not exactly follow the NCM classification system.

To calculate the total tax burden you cannot sum the import duty and taxes to get the added cost of importing "articles of iron or steel" to Brazil.

These rates are only for "articles of iron or steel", to find import duty and taxes for other products, please visit our Tax Index.

There are established special ICMS Exemptions for partners and suppliers of FIFA and IOC related to FIFA World Cup 2014 and Olympic Games 2016. Read more about this topic in the article "Exemptions from ICMS"



Import Duty History for NCM 7308.90.90

The Brazil Business have collected Brazilian import duty rates for NCM 7308.90.90 since September 22, 2009.

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