Government reduces the cost of moving imported products through ports

The federal government published today (8) in the Official Gazette of the Union decree which removes the so-called foreman tax from the import tax calculation base. According to the government, the removal of the customs valuation foreman will promote “a transversal trade opening in the economy”, reducing import costs.Government reduces the cost of moving imported products through portsGovernment reduces the cost of moving imported products through ports

The foreman is the activity of moving goods in the facilities within the port and is related to the receipt, checking, internal transport, opening of volumes for customs checking, handling, storage and delivery, as well as the loading and unloading of vessels.

The decree published this Wednesday amends another device, from 2009, which regulates the administration of customs activities, inspection, control and taxation of foreign trade operations related to unloading and handling, associated with the transport of imported goods.

With the new wording, for the purpose of calculating the customs value, expenses “incurred in the national territory and separated from the cost of transport” are excluded. The new rules are valid from today, the date of publication of the decree.

According to the government, the measure “is in harmony with the international commitments assumed by Brazil with Mercosur partners and the World Trade Organization (WTO)”.

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