HS 7403Metals & Minerals · Brazil

Copper Cathode (LME Grade A) - HS 7403 classification, duty and landed cost - Import into Brazil

Duty and tax snapshot for importing metals & minerals (HS 7403) into Brazil. Typical MFN duty ~3%, IPI+PIS/COFINS+ICMS 32% on CIF + duty. Decision-support only - confirm the 10-digit line and preferential status with your broker.

Typical duty

IPI+PIS/COFINS+ICMS

32%

Total taxes / CIF

36.0%

Worked landed-cost example

USD 150,000 FOB parcel of metals & minerals (HS 7403) shipped to Brazil.

FOB valueUSD 150,000

Origin chargesUSD 2,250

FreightUSD 12,000

InsuranceUSD 750

CIFUSD 165,000

Import duty @ 3%USD 4,950

IPI+PIS/COFINS+ICMS @ 32%USD 54,384

Destination inlandUSD 3,000

Landed cost ≈ USD 227,334

Run your own numbers in the Landed Cost by HS & Country tool.

Sample HS codes

Code	Description
7403.11	Refined copper, cathodes and sections

Brazil duty regime

Import Duty (II) under the Mercosur Common External Tariff (TEC), plus IPI (Federal Excise), PIS/COFINS-Importação and ICMS (state VAT). Ex-Tarifário reductions for capital goods without domestic production.

Customs notes

· NCM: 8-digit Mercosur Nomenclature (HS 6 + 2 regional digits) shared with Argentina, Uruguay, Paraguay.
· Siscomex is the integrated foreign trade system; DUIMP is the newer streamlined import declaration replacing DI.
· Landed cost stack: II on CIF; IPI on CIF + II; PIS/COFINS on CIF + II; ICMS on the grossed-up total.
· Non-automatic import licences (LI) needed for many regulated goods before shipment.

Frequently asked questions

What is the typical import duty on metals & minerals (HS 7403) into Brazil?

Brazil applies an MFN duty of about 3% on HS chapter 7403 at the 6-digit line. National tariff schedules add 2–4 further digits, so the exact rate can shift once you confirm the 8- or 10-digit code. Preferential rates under FTAs (Import Duty (II) under the Mercosur Common External Tariff (TEC), plus IPI (Federal Excise), PIS/COFINS-Importação and ICMS (state VAT)) may reduce this to 0% for qualifying origins.

How is IPI+PIS/COFINS+ICMS calculated on imports of metals & minerals in Brazil?

Brazil charges IPI+PIS/COFINS+ICMS at 32% on the CIF value plus duty. Effective combined tax proxy; actual stack cascades. Priced USD.

What is the landed cost of a USD 150,000 FOB shipment of metals & minerals into Brazil?

On a USD 150,000 FOB parcel with ~8% freight and 0.5% insurance, CIF works out to USD 165,000. Applying 3% duty and 32% IPI+PIS/COFINS+ICMS brings total taxes to about USD 59,334 (~36.0% of CIF). Landed at buyer's warehouse ≈ USD 227,334.

Which HS code should I use for metals & minerals in Brazil?

Start with the 6-digit international HS heading - for example 7403.11 (Refined copper, cathodes and sections). Brazil customs then requires the full national code (8- to 10-digit national tariff line). Confirm the exact line with your licensed customs broker before filing.

Which Incoterm is best for shipping metals & minerals to Brazil?

Most importers into Brazil prefer CIF or CFR for sea freight so the seller arranges main-carriage transport, while retaining control of destination clearance. DDP shifts import duty and IPI+PIS/COFINS+ICMS to the seller - attractive to buyers but often priced with a risk premium. Compare all 11 Incoterms with our Landed Cost by HS & Country tool.

What documents does Brazil customs need to clear HS 7403?

NCM: 8-digit Mercosur Nomenclature (HS 6 + 2 regional digits) shared with Argentina, Uruguay, Paraguay. Regulated commodities may also require a health certificate, phytosanitary certificate or import licence depending on the exact HS line.