The Import Declaration is the main customs document for the entry and release of a good in Brazil and that serves as a taxable event for some of the import taxes - it is the basis of the customs clearance.
There are several types of declaration that can be for consumption, temporary admission, customs warehouse, international warehouse of the Manaus Free Trade Zone, exit of industrial warehouse, special bonded warehouse, admission of Manaus Free Trade Zone - Industrialized or Foreign Product, admission of Free Trade Area, among other types.
The preparation of the Import Declaration is an important stage for the entry of foreign goods into the country. According to Article 711 of the Customs Regulation, in case of information omitted or provided inaccurately is applied a fine of 1% on the customs value, being the minimum $ 500.00 and maximum 10% of the value of the DI.
There are common errors that occur in the Import Declaration and that can be avoided with a good analysis of the shipment as a whole, attention at all stages and good communication between the service providers.
Common mistakes are:
The import documents will instruct what will be released in the Import Declaration, therefore, to avoid such errors it is necessary to pay attention to all the bureaucratic steps that precede the issuance of the DI and that are essential for the reduction of errors, continuity of the process or even application of benefits.
Great attention is needed on the data registered in the CE Mercante. The information registered in the CE House must be correct for the Import Declaration entry, otherwise the CE must be rectified, generating delays in the release of goods and extra costs to the process.
Read more: CE Mercante - Learn how to issue and the importance to the import process.
Having a specialized team to issue the Import Declaration and support at the time of entry of the cargo is essential to reduce errors and there may even be the possibility of cost reduction in the process. In addition, each shipment must be considered as unique, since there are peculiarities that require different information to be provided.
Given the above, for the correct issuance of the Import Declaration is necessary attention to all details of the shipment from the origin of the cargo to its destination. To have a specialized team with expertise in the area and the vision of the process in general is essential not only for the issuance of documentation, but also for the shipment to leave as planned, count on Pinho International Logistics for this!
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