Schedules for electronic bookkeeping of ICMS-IPI | KPMG | GLOBAL

Brazil: Schedules for required electronic bookkeeping filings of ICMS-IPI

Schedules for electronic bookkeeping of ICMS-IPI

There are deadlines provided for “block K” items under the digital bookkeeping rules in Brazil.


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Guidance (SINIEF nº 13/15) published in the official gazette on 15 December 2015 establishes the following schedule of deadlines for the required electronic bookkeeping for ICMS and IPI:

  • 1 January 2017 for certain defined industrial entities and those established in certain special customs zones
  • 1 January 2018 for other defined industrial entities
  • 1 January 2019 for all other industrial entities and wholesale entities 


Read a December 2015 report (Portuguese) [PDF 51 KB] repared by the KPMG member firm in Brazil: Bloco K - SPED - EFD ICMS/IPI


In Brazil, there are electronic or digital bookkeeping requirements for ICMS-IPI. The control of production and inventory field (referred to as bloco K or “block K”) in the digital tax bookkeeping system (EFD) for purposes relating to the state-level sales tax and federal excise tax—ICMS-IPI—provides information relating to the production of and stock of goods held by a company and also held by third parties. 

  • The ICMS—Imposto sobre Circulação de Mercadorias e Serviços—is a state-level sales tax imposed on the physical movement of merchandise. The ICMS is also levied on certain inter-state and inter-municipal services. 
  • The IPI—Imposto sobre Productos Industrializados—is a federal excise tax that applies for manufactured goods.

In October 2015, guidance set forth a timetable for compliance with the digital bookkeeping requirements, with implementation to be phased in from 2016 to 2018, depending on the industry sector and/or annual revenue. 

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