Import of plastic sheets and rolls and plastic flaps with logo for automotive to Brazil?
Dear Sir/Madame,we exporting plastic products from Romania in all countries,and we need to know what taxes must to pay for import in Brazil.
Our products are the folowing custom code:39269090(plastic sheets and rolls),and 87089990(plastic flaps with logo for automotive). Please,send me all the taxes which we must to pay in Brazil. From my knowledge the tax for our products are:
For 39269090:
- Custom duties:18%
- IPI:15%
- ICMS:18%
- PIS:1.65%
- Cofins:7.6%
For 87089990
- Custom Duties:18%
- IPI:5%
- ICMS:18%
- PIS:1.65%
- Cofins:7.6%
Please confirm/infirm if is ok.Thanks in advance for your support.
Cristian Milea
Europe Logistic Manager
1 Answer
Is recommended to check with your counterpart in Brazil the corrected code to 'plastic sheets and rolls itens'. It seems, for Brazil, should be more appropriated a code from groups 3919, 3920 or even 3921, but for sure its not 3926 in my point of view.
The code for the Flaps its seems ok and the correct taxes are:
- II (Import Duty): 18%
- IPI: 5%
- ICMS: 18%
- PIS: 2,3%
- COFINS: 10,8%
However, the calculation is not straight and there is an especif 'equation' and the final results are (for this especific code):
- II (Import Duty): 18%
- IPI: 5,90%
- ICMS: 31,41%
- PIS: 3,37%
- COFINS: 15,81%
Ps:
- ICMS is applied over CIF plus further taxes together
- The percentage above shall be calculated over CIF Value
- The final result is: 74,48% over CIF value, for exemplo: US$ 100.00 CIF Value will pay US$ 74,48 for the code 8708.99.90.
Be aware, there are some especific benefits for automobile industry and the conditions above may be subject to some reduction.
posted