The Import Content Sheet (FCI) is a document that composes an accessory obligation for companies that work with imported inputs in their manufacturing process. Since the end of 2013, these companies are obliged to show in their invoices the corresponding FCI number. In this post we will see, besides what is an FCI itself, its characteristics, its content and its peculiarities in relation to the delivery by the companies.
It is a sheet that controls the quantity of imported raw material in the finished product that is marketed to the distributor or final consumer. It does not matter how much imported input a product has. If such situation occurs, the company that carried out the industrialization must fill out the FCI with the product code, in addition to the description and NCM code.
The GTIN, which is the Global Trade Item Number, representing a kind of standard for the coding of trade items, the unit of measurement following the ISO standards, the imported quantity of raw material, in addition to the interstate output value and the calculated import content must also be included.
Any company that benefits from products using imported raw materials has the obligation to deliver the FCI, no matter what the type of industrialization. Just the fact that imported raw materials are used in any quantity is enough to generate such obligation.
The FCI must be submitted on a monthly basis or, alternatively, at a time prior to the exit of the finished product to the buyer. It must be transmitted electronically to the tax manager and the latter returns the respective keys to the FCI in question.
When CAMEX identifies and attests that there is no national similarity for the product in question by means of a common and discretionary list or in cases of import on account and order or on order, the importing company need not issue the respective FCI. In the latter two cases, the responsibility lies with the orderer.
Additionally, when the product is imported and has not gone through any beneficiation process on Brazilian land, the company will not be obliged to deliver the FCI to the competent bodies.
In the case of resale, only the control of the batches sold with FCI must be done and also the key of these products must be forwarded in the electronic invoice. In this case, the stock control must be done necessarily by batches and with the use of the PEPS method, following the guidelines of government agencies.
In the electronic invoice itself, there is the specific function for resellers, which facilitates the transmission of data to the tax administration, following almost the same parameters of the companies that carry out industrialization, but with less obligation.
The Import Content Sheet is an accessory obligation and its correct sending and control are presented as an accessory obligation of any company that benefits products with imported inputs. Therefore, if your controls are not working the way you would like, try to avoid tax problems. How is your control related to FCIs? Leave us a comment!