The regime allows companies to deposit their merchandise at warehouses under control by tax authorities and enjoying the suspension of taxes.
The regime allows companies to deposit their merchandise at warehouses under ...
The purpose of the Inland Special Customs Warehouse Regime (Regulatory Instruction IN 241) allows importing and exporting companies to deposit their goods in bonded warehouses under control by tax authorities and enjoying the suspension of taxes. This legal order was set forth by Administrative Order No. 3,518 issued on September 30, 2011 and by Executive Regulatory Act, issued by Coana - Customs Administration General Coordination/Cotec - IT General Coordination No. 2 on September 26, 2003.
This Regime has two main types: EADI Exporter, which is subdivided into EADI Ordinary Exporter, aimed at companies from all economic segments that export goods, and also the EADI Extraordinary Exporter, aimed at trading companies. The other type is EADI Importer, which comprises all sorts of companies that need input and make imports.
This is a Customs Regime that allows operations together with other regimes, such as Drawback, RECOF and DAC (Certified Bonded Warehouse).
The Special Customs Depot Regime for Imports allows the storage of foreign merchandise in a bonded warehouse publicly used, and federal taxes, PIS/PASEP - Import and COFINS - Import charged on imports are suspended. Merchandise qualified for the Customs Depot Regime for Imports and Exports may be:
Benefits granted under the Inland Customs Warehouse Regime are the following:
The requirements set for companies to qualify for the regime consist of:
Commitments made by the beneficiary to remain under the regime:
The merchandise can remain under the Inland Customs Warehouse Regime for exports for:
I - under the common regime: one year, which may be extended for not more than two years.
II - under the special regime: 180 days.
During the effective period the beneficiary must take one of the following actions with respect to the bonded merchandise: