Question 1

What is the import duty rate for Electronic Components in Brazil?

Accepted Answer

The MFN (Most Favoured Nation) import duty rate for Electronic Components (HS 8534 / 8542) in Brazil is 12% on the CIF value. II 12% on most components. ITA not fully implemented by Brazil.

Question 2

Is ICMS/IPI charged on Electronic Components imports to Brazil?

Accepted Answer

Yes. Brazil charges ICMS/IPI at 18% on the CIF value plus any import duty. This applies to virtually all commercial imports.

Question 3

Are there FTA rates available for Electronic Components in Brazil?

Accepted Answer

Brazil has free trade agreements with MERCOSUR (Argentina, Paraguay, Uruguay), MERCOSUR–Egypt, MERCOSUR–Israel. Check whether your origin country qualifies for a preferential rate on HS 8534 / 8542.

Question 4

How is import duty calculated for Electronic Components entering Brazil?

Accepted Answer

Duty is calculated on the CIF value of the goods. CIF value includes the product cost, international freight, and insurance. The MFN duty of 12% is applied to this value. ICMS/IPI (18%) is then applied on the CIF value plus duty.

Brazil Import Duty Rate for Electronic Components

How duty is calculated

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Electronic Components duty rates in other markets