Brazil Import & Export Toolkit
Brazil's landed cost is famously complex: Import Duty (II) + IPI + PIS + COFINS + state ICMS, each with its own base. Use our calculators to price it accurately, plus NCM classification and LC math.
Free calculators for Brazil trade
- · Santos
- · Paranaguá
- · Itajaí
- · Rio Grande
- · Suape
- · Pecém
- · Manaus
- · Iron ore
- · Soybeans & soy meal
- · Crude petroleum
- · Sugar
- · Beef & poultry
- · Coffee
- · Pulp & paper
- · Corn
- · Refined petroleum & diesel
- · Fertilisers (urea, potash)
- · Vehicles & parts
- · Electronics
- · Pharmaceuticals
- · Machinery
- · Natural gas
Trade finance in Brazil
- · The vast majority of Brazilian LCs are denominated in USD (ACT/360). BRL LCs are rare cross-border due to currency volatility.
- · Major Brazilian banks (Itaú, Bradesco, Banco do Brasil, Santander Brasil) quote 0.25-0.40% per quarter for LC issuance; G7 confirmation typically 0.20-0.60% per quarter.
- · IOF (Financial Transactions Tax) applies to FX conversions - 0.38% on most trade-related transactions; check the current rate before pricing.
- · BNDES-Exim and Proex Financiamento offer subsidised export finance for capital goods and services.
Customs & duty in Brazil
- · 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.
Incoterms 2020 practice in Brazil
- · CFR / CIF Santos or Paranaguá is dominant for bulk agri and container cargo.
- · DDP is impractical - the seller cannot easily be the ICMS taxpayer of record. Use DAP with the buyer clearing.
- · For FOB terms, ensure the LC allows for Brazilian Bill of Lading endorsement rules (to order of shipper is standard).
HS commodity guides for Brazil
Classification, duty and worked landed-cost examples for the commodity families most active on Brazil's trade lanes.
Every HS commodity landed-cost page for Brazil
Direct link to the Brazil import guide for each HS commodity we publish.
- HS 61 & 62Consumer goods
- HS 85Electronics
- HS 84Industrial
- HS 30Regulated
- HS 72Metals
- HS 39Chemicals
- HS 0901Agricultural
- HS 1006Agricultural
- HS 2709Energy
- HS 2710Energy
- HS 29 & 39Chemicals
- HS 2701Energy
- HS 2713Energy
- HS 2601Metals
- HS 74Metals
- HS 76Metals
- HS 71Metals
- HS 31Agricultural
- HS 15Agricultural
- HS 17Agricultural commodities
- HS 10Agricultural commodities
- HS 12Agricultural commodities
- HS 52Agricultural commodities
- HS 40Industrial raw materials
- HS 44Industrial raw materials
- HS 25Building materials
- HS 03Food & beverages
- HS 2523.10Building materials
- HS 7208Metals
- HS 7214Metals
- HS 7601Metals
- HS 3102.10Fertilizers
- HS 2814Chemicals
- HS 2804.10Chemicals
- HS 2716Energy
- HS 1801Agricultural commodities
- HS 1511.10Edible oils
- HS 4001Agricultural commodities
- HS 0201Meat & seafood
- HS 2836.91Critical minerals
- HS 2825.20Critical minerals
- HS 8507.60Batteries
- HS 8105Critical minerals
- HS 7502Metals
- HS 2504Critical minerals
- HS 2846Critical minerals
- HS 8541.43Renewable energy
- HS 3818Electronics
- HS 0901.11Agricultural commodities
- HS 1006.30Agricultural commodities
- HS 7403.11Metals
- HS 7404Metals
- HS 2701.12Energy
- HS 2701.12Energy
- HS 2710.19Energy
- HS 2710.19Energy
- HS 2710.19Energy
- HS 1701.14Agricultural commodities
- HS 1701.99Agricultural commodities
- HS 2601.11Metals
- HS 1005.90Agricultural commodities
- HS 1804Agricultural commodities
- HS 0306.17Meat & seafood
- HS 0902Agricultural commodities
- HS 7108Precious metals
- HS 7901Metals
- HS 7209Metals
- HS 7213Metals
- HS 7208.51Metals
- HS 2601.12Metals
- HS 7202Metals
- HS 7602Metals
- HS 7604Metals
- HS 7607Metals
- HS 3102.80Fertilizers
- HS 2523.29Building materials
- HS 1201Agriculture
- HS 1507Edible oils
- HS 2304Agriculture
- HS 0901.11Agriculture
- HS 1805Agriculture
- HS 1806Food & confectionery
- HS 4401.31Wood & forestry
- HS 4412Wood & forestry
- HS 4104Leather & hides
- HS 4703Wood & forestry
- HS 2602Metals
- HS 2610Metals
- HS 2611Critical minerals
- HS 8001Metals
- HS 2613Metals
- HS 2804.69Metals
- HS 2804.61Solar & electronics
- HS 8505.11Critical minerals
- HS 8507.60Batteries & EV
- HS 3801.10Batteries & EV
- HS 8503.00Renewable energy
- HS 2841.90Batteries & EV
- HS 8543.30Renewable energy
- HS 2825.30Metals
- HS 2709.00Energy
- HS 2709.00Energy
- HS 2711.11Energy
- HS 2711.12Energy
- HS 2710.12Energy
- HS 2710.19Energy
- HS 2710.12Energy
- HS 3102.10Fertilizers
- HS 3105.30Fertilizers
- HS 3104.20Fertilizers
- HS 1001.99Grains
- HS 1001.19Grains
- HS 1005.90Grains
- HS 2304.00Feed
- HS 1513.29Edible oils
- HS 7210.49Metals
- HS 7210.12Metals
- HS 7304Metals
- HS 7305Metals
- HS 7219Metals
- HS 7601.20Metals
- HS 7605Metals
- HS 2814.10Renewable energy
- HS 2523.21Building materials
- HS 2523.90Building materials
- HS 1511.90Edible oils
- HS 3823.19Edible oils
- HS 1803Agriculture
- HS 0901.12Agriculture
- HS 4001.22Agriculture
- HS 4001.10Agriculture
- HS 0202Meat
- HS 4802Wood & forestry
- HS 4805Wood & forestry
- HS 8103Critical minerals
- HS 8112.92Critical minerals
- HS 8112.92Critical minerals
- HS 8112.92Critical minerals
- HS 7106Precious metals
- HS 7110Precious metals
- HS 2804.29Industrial gases
- HS 2612.10Critical minerals
- HS 8109Critical minerals
- HS 8112.12Critical minerals
- HS 8104Metals
- HS 3102.10Fertilizers
- HS 2503Fertilizers
- HS 3102.21Fertilizers
- HS 2701.11Energy
- HS 2704.00Energy
- HS 2713.11Energy
- HS 4401.22Wood & forestry
- HS 4412.31Wood & forestry
- HS 2710.20Energy
- HS 3826.00Renewable energy
- HS 2710.20Renewable energy
- HS 2710.19Renewable energy
- HS 2601.11Metals
- HS 8111.00Metals
- HS 7207.11Metals
- HS 7207.12Metals
- HS 7216.33Metals
- HS 7302.10Metals
- HS 7214.99Metals
- HS 7604.29Metals
- HS 7606.12Metals
- HS 7606.11Metals
- HS 7601.20Metals
- HS 2523.29Metals
- HS 2522.10Metals
- HS 4001.21Agriculture
- HS 4004.00Agriculture
- HS 1801.00Agriculture
- HS 2101.11Agriculture
- HS 2306.60Agriculture
- HS 0201Agriculture
- HS 4104.11Agriculture
- HS 4407.29Agriculture
- HS 4411.13Agriculture
- HS 4408Agriculture
- HS 8110.10Metals
- HS 8106.10Metals
- HS 8112.92Metals
- HS 2804.90Metals
- HS 2804.50Metals
- HS 8112.41Metals
- HS 2846.90Metals
- HS 2846.90Metals
- HS 2846.90Metals
- HS 2846.90Metals
- HS 2846.90Metals
- HS 2846.90Metals
- HS 2530.90Metals
- HS 1001.99Agriculture
- HS 1003.90Agriculture
- HS 1205.10Agriculture
- HS 1514Agriculture
- HS 1206.00Agriculture
- HS 1512.11Agriculture
- HS 5201Agriculture
- HS 1006.30Agriculture
- HS 1007.90Agriculture
- HS 1004.90Agriculture
- HS 0714.10Agriculture
- HS 0902.30Agriculture
- HS 0904.11Agriculture
- HS 0908.31Agriculture
- HS 0910.30Agriculture
- HS 0801.32Agriculture
- HS 0905.10Agriculture
- HS 0906.11Agriculture
- HS 0306.17Agriculture
- HS 0409.00Agriculture
- HS 8549.13Metals
- HS 2804.69Metals
- HS 8505.11Metals
- HS 2504.10Metals
- HS 7403.11Metals
- HS 3102.10Chemicals
- HS 7108.12Metals
- HS 2710.19Energy
- HS 2814.10Chemicals
- HS 1003Agriculture
- HS 1005Agriculture
- HS 1006Agriculture
- HS 1006Agriculture
- HS 1007Agriculture
- HS 1004Agriculture
- HS 1002Agriculture
- HS 1008Agriculture
- HS 1008Agriculture
- HS 1008Agriculture
- HS 1202Agriculture
- HS 1207Agriculture
- HS 1204Agriculture
- HS 1207Agriculture
- HS 1203Agriculture
- HS 1207Agriculture
- HS 1207Agriculture
- HS 1207Agriculture
- HS 1214Agriculture
- HS 2306Agriculture
- HS 2306Agriculture
- HS 2301Agriculture
- HS 2303Agriculture
- HS 1511Agriculture
- HS 1511Agriculture
- HS 1511Agriculture
- HS 1513Agriculture
- HS 1509Food & Beverage
- HS 1509Food & Beverage
- HS 1515Agriculture
- HS 1512Agriculture
- HS 1515Agriculture
- HS 1514Agriculture
- HS 1515Chemicals
- HS 1701Food & Beverage
- HS 1703Food & Beverage
- HS 1702Food & Beverage
- HS 1702Food & Beverage
- HS 1806Food & Beverage
- HS 0901Food & Beverage
- HS 0901Food & Beverage
- HS 0901Food & Beverage
- HS 2101Food & Beverage
- HS 0902Food & Beverage
- HS 0902Food & Beverage
- HS 0903Food & Beverage
- HS 0904Food & Beverage
- HS 0904Food & Beverage
- HS 0904Food & Beverage
- HS 0908Food & Beverage
- HS 0909Food & Beverage
- HS 0909Food & Beverage
- HS 0909Food & Beverage
- HS 0910Food & Beverage
- HS 0910Food & Beverage
- HS 0906Food & Beverage
- HS 0907Food & Beverage
- HS 0908Food & Beverage
- HS 0910Food & Beverage
- HS 0905Food & Beverage
- HS 2501Food & Beverage
- HS 0803Agriculture
- HS 0805Agriculture
- HS 0805Agriculture
- HS 0805Agriculture
- HS 0808Agriculture
- HS 0808Agriculture
- HS 0806Agriculture
- HS 0804Agriculture
- HS 0804Agriculture
- HS 0804Agriculture
- HS 0807Agriculture
- HS 0807Agriculture
- HS 0810Agriculture
- HS 0810Agriculture
- HS 0811Food & Beverage
- HS 0804Agriculture
- HS 0804Agriculture
- HS 0806Food & Beverage
- HS 0802Agriculture
- HS 0801Agriculture
- HS 0802Agriculture
- HS 0802Agriculture
- HS 0802Agriculture
- HS 0802Agriculture
- HS 0802Agriculture
- HS 0801Agriculture
- HS 0802Agriculture
- HS 0702Agriculture
- HS 2002Food & Beverage
- HS 0701Agriculture
- HS 2004Food & Beverage
- HS 0703Agriculture
- HS 0703Agriculture
- HS 0706Agriculture
- HS 0707Agriculture
- HS 0709Agriculture
- HS 0705Agriculture
- HS 0709Agriculture
- HS 0712Food & Beverage
- HS 0713Agriculture
- HS 0713Agriculture
- HS 0713Agriculture
- HS 0713Agriculture
- HS 0203Food & Beverage
- HS 0207Food & Beverage
- HS 0204Food & Beverage
- HS 0206Food & Beverage
- HS 1601Food & Beverage
- HS 1602Food & Beverage
- HS 0402Food & Beverage
- HS 0402Food & Beverage
- HS 0405Food & Beverage
- HS 0406Food & Beverage
- HS 0404Food & Beverage
- HS 0402Food & Beverage
- HS 0403Food & Beverage
- HS 0407Food & Beverage
- HS 0408Food & Beverage
- HS 0409Food & Beverage
- HS 2105Food & Beverage
- HS 0306Seafood
- HS 0302Seafood
- HS 0303Seafood
- HS 0303Seafood
- HS 1604Seafood
- HS 0303Seafood
- HS 0303Seafood
- HS 0303Seafood
- HS 0303Seafood
- HS 0303Seafood
- HS 0304Seafood
- HS 0307Seafood
- HS 0307Seafood
- HS 0306Seafood
- HS 0306Seafood
- HS 0307Seafood
- HS 0307Seafood
- HS 0307Seafood
- HS 1212Seafood
- HS 1504Chemicals
- HS 2201Food & Beverage
- HS 2202Food & Beverage
- HS 2203Food & Beverage
- HS 2204Food & Beverage
- HS 2204Food & Beverage
- HS 2208Food & Beverage
- HS 2208Food & Beverage
- HS 2208Food & Beverage
- HS 2208Food & Beverage
- HS 2009Food & Beverage
- HS 1905Food & Beverage
- HS 1905Food & Beverage
- HS 1902Food & Beverage
- HS 1904Food & Beverage
- HS 2103Food & Beverage
- HS 2104Food & Beverage
- HS 1901Food & Beverage
- HS 2309Food & Beverage
- HS 2309Agriculture
- HS 2102Food & Beverage
- HS 2209Food & Beverage
- HS 2401Agriculture
- HS 2402Consumer Goods
- HS 2402Consumer Goods
- HS 0603Agriculture
- HS 0602Agriculture
- HS 1521Chemicals
- HS 2710Energy
- HS 2710Energy
- HS 2710Energy
- HS 2710Energy
- HS 2710Energy
- HS 2713Energy
- HS 2710Energy
- HS 2713Energy
- HS 2713Energy
- HS 2711Energy
- HS 2711Energy
- HS 2701Energy
- HS 2701Energy
- HS 2702Energy
- HS 2701Energy
- HS 4401Energy
- HS 2207Energy
- HS 2612Energy
- HS 2603Metals & Minerals
- HS 7403Metals & Minerals
- HS 7408Metals & Minerals
- HS 7601Metals & Minerals
- HS 7601Metals & Minerals
- HS 2606Metals & Minerals
- HS 2818Chemicals
- HS 7901Metals & Minerals
- HS 2608Metals & Minerals
- HS 7801Metals & Minerals
- HS 2607Metals & Minerals
- HS 7502Metals & Minerals
- HS 2604Metals & Minerals
- HS 8001Metals & Minerals
- HS 2611Metals & Minerals
- HS 2613Metals & Minerals
- HS 8105Metals & Minerals
- HS 2605Metals & Minerals
- HS 2530Metals & Minerals
- HS 7106Metals & Minerals
- HS 7108Metals & Minerals
- HS 7110Metals & Minerals
- HS 7110Metals & Minerals
- HS 7110Metals & Minerals
- HS 7208Metals & Minerals
- HS 7209Metals & Minerals
- HS 7210Metals & Minerals
- HS 7214Construction
- HS 7213Metals & Minerals
- HS 7304Metals & Minerals
- HS 7305Metals & Minerals
- HS 7219Metals & Minerals
- HS 7202Metals & Minerals
- HS 7202Metals & Minerals
- HS 7202Metals & Minerals
- HS 7201Metals & Minerals
- HS 7203Metals & Minerals
- HS 7204Metals & Minerals
- HS 2520Construction
- HS 2521Construction
- HS 2515Construction
- HS 2516Construction
- HS 2505Construction
- HS 2523Construction
- HS 2523Construction
- HS 2507Construction
- HS 2508Construction
- HS 2510Chemicals
- HS 3104Chemicals
- HS 2503Chemicals
- HS 2524Construction
- HS 2525Construction
- HS 2511Chemicals
- HS 2529Chemicals
- HS 2526Construction
- HS 2504Metals & Minerals
- HS 7102Metals & Minerals
- HS 7102Metals & Minerals
- HS 7103Consumer Goods
- HS 6907Construction
- HS 7005Construction
- HS 7007Construction
- HS 7019Construction
- HS 2814Chemicals
- HS 3102Chemicals
- HS 3105Chemicals
- HS 3104Chemicals
- HS 3105Chemicals
- HS 2807Chemicals
- HS 2808Chemicals
- HS 2809Chemicals
- HS 2806Chemicals
- HS 2815Chemicals
- HS 2836Chemicals
- HS 2836Chemicals
- HS 2905Chemicals
- HS 2207Chemicals
- HS 2901Chemicals
- HS 2901Chemicals
- HS 2902Chemicals
- HS 2902Chemicals
- HS 2902Chemicals
- HS 2902Chemicals
- HS 2905Chemicals
- HS 2914Chemicals
- HS 2907Chemicals
- HS 2912Chemicals
- HS 2915Chemicals
- HS 2918Chemicals
- HS 1520Chemicals
- HS 3402Chemicals
- HS 3208Chemicals
- HS 3215Chemicals
- HS 3204Chemicals
- HS 3206Chemicals
- HS 2803Chemicals
- HS 3506Chemicals
- HS 3602Chemicals
- HS 3808Chemicals
- HS 3401Consumer Goods
- HS 3402Consumer Goods
- HS 3301Chemicals
- HS 3303Consumer Goods
- HS 3304Consumer Goods
- HS 3305Consumer Goods
- HS 3306Consumer Goods
- HS 3004Pharma & Medical
- HS 3003Pharma & Medical
- HS 3002Pharma & Medical
- HS 3002Pharma & Medical
- HS 3822Pharma & Medical
- HS 2936Pharma & Medical
- HS 3004Pharma & Medical
- HS 9018Pharma & Medical
- HS 9018Pharma & Medical
- HS 4015Pharma & Medical
- HS 6307Pharma & Medical
- HS 9018Pharma & Medical
- HS 9021Pharma & Medical
- HS 9021Pharma & Medical
- HS 9001Pharma & Medical
- HS 9003Pharma & Medical
- HS 3901Plastics & Rubber
- HS 3901Plastics & Rubber
- HS 3901Plastics & Rubber
- HS 3902Plastics & Rubber
- HS 3903Plastics & Rubber
- HS 3907Plastics & Rubber
- HS 3904Plastics & Rubber
- HS 3903Plastics & Rubber
- HS 3907Plastics & Rubber
- HS 3909Plastics & Rubber
- HS 3907Plastics & Rubber
- HS 3910Plastics & Rubber
- HS 3920Plastics & Rubber
- HS 3923Plastics & Rubber
- HS 3923Plastics & Rubber
- HS 3924Plastics & Rubber
- HS 3915Plastics & Rubber
- HS 4001Plastics & Rubber
- HS 4002Plastics & Rubber
- HS 4011Plastics & Rubber
- HS 4011Plastics & Rubber
- HS 4011Plastics & Rubber
- HS 4010Plastics & Rubber
- HS 5201Textiles & Apparel
- HS 5205Textiles & Apparel
- HS 5402Textiles & Apparel
- HS 5503Textiles & Apparel
- HS 5504Textiles & Apparel
- HS 5101Textiles & Apparel
- HS 5002Textiles & Apparel
- HS 5303Textiles & Apparel
- HS 5208Textiles & Apparel
- HS 5407Textiles & Apparel
- HS 6006Textiles & Apparel
- HS 5603Textiles & Apparel
- HS 5701Textiles & Apparel
- HS 5703Textiles & Apparel
- HS 6302Textiles & Apparel
- HS 6302Textiles & Apparel
- HS 5209Textiles & Apparel
- HS 4107Textiles & Apparel
- HS 6403Textiles & Apparel
- HS 6404Textiles & Apparel
- HS 6402Textiles & Apparel
- HS 4202Consumer Goods
- HS 4202Consumer Goods
- HS 6505Textiles & Apparel
- HS 6116Textiles & Apparel
- HS 4403Wood & Paper
- HS 4403Wood & Paper
- HS 4407Wood & Paper
- HS 4407Wood & Paper
- HS 4412Wood & Paper
- HS 4410Wood & Paper
- HS 4409Wood & Paper
- HS 4402Wood & Paper
- HS 4703Wood & Paper
- HS 4801Wood & Paper
- HS 4802Wood & Paper
- HS 4810Wood & Paper
- HS 4804Wood & Paper
- HS 4805Wood & Paper
- HS 4805Wood & Paper
- HS 4819Wood & Paper
- HS 4818Wood & Paper
- HS 4707Wood & Paper
- HS 4901Consumer Goods
- HS 9403Consumer Goods
- HS 9403Consumer Goods
- HS 9404Consumer Goods
- HS 9405Consumer Goods
- HS 8413Machinery
- HS 8414Machinery
- HS 8414Machinery
- HS 8402Machinery
- HS 8419Machinery
- HS 8481Machinery
- HS 8482Machinery
- HS 8483Machinery
- HS 8408Machinery
- HS 8502Machinery
- HS 8515Machinery
- HS 8457Machinery
- HS 8458Machinery
- HS 8462Machinery
- HS 8422Machinery
- HS 8445Machinery
- HS 8477Machinery
- HS 8438Machinery
- HS 8433Machinery
- HS 8701Machinery
- HS 8427Machinery
- HS 8426Machinery
- HS 8429Machinery
- HS 8429Machinery
- HS 8474Machinery
- HS 8414Machinery
- HS 8443Machinery
- HS 8443Machinery
- HS 8421Machinery
- HS 8474Machinery
- HS 8501Electronics
- HS 8501Electronics
- HS 8504Electronics
- HS 8537Electronics
- HS 8536Electronics
- HS 8544Electronics
- HS 8544Electronics
- HS 8544Electronics
- HS 8507Electronics
- HS 8507Electronics
- HS 8506Electronics
- HS 8541Electronics
- HS 8502Electronics
- HS 8542Electronics
- HS 8517Electronics
- HS 8517Electronics
- HS 8471Electronics
- HS 8471Electronics
- HS 8528Electronics
- HS 8528Electronics
- HS 8517Electronics
- HS 8471Electronics
- HS 8443Electronics
- HS 8525Electronics
- HS 8518Electronics
- HS 8518Electronics
- HS 8418Electronics
- HS 8450Electronics
- HS 8415Electronics
- HS 8516Electronics
- HS 8508Electronics
- HS 8509Electronics
- HS 8467Machinery
- HS 8205Machinery
- HS 7318Machinery
- HS 8703Vehicles
- HS 8703Vehicles
- HS 8703Vehicles
- HS 8704Vehicles
- HS 8704Vehicles
- HS 8704Vehicles
- HS 8702Vehicles
- HS 8711Vehicles
- HS 8708Vehicles
- HS 8708Vehicles
- HS 8708Vehicles
- HS 8712Vehicles
- HS 8714Vehicles
- HS 8601Vehicles
- HS 8606Vehicles
- HS 8901Vehicles
- HS 8903Vehicles
- HS 8802Vehicles
- HS 8803Vehicles
- HS 8609Vehicles
- HS 9101Consumer Goods
- HS 9102Consumer Goods
- HS 7113Consumer Goods
- HS 7113Consumer Goods
- HS 7117Consumer Goods
- HS 9503Consumer Goods
- HS 9504Consumer Goods
- HS 9506Consumer Goods
- HS 9506Consumer Goods
- HS 9507Consumer Goods
- HS 9202Consumer Goods
- HS 4820Consumer Goods
- HS 9608Consumer Goods
- HS 6601Consumer Goods
- HS 3406Consumer Goods
- HS 7323Consumer Goods
- HS 8215Consumer Goods
- HS 6912Consumer Goods
- HS 6911Consumer Goods
- HS 7013Consumer Goods
- HS 3405Consumer Goods
Commodities linked to Brazil
Brazil appears in the trade lanes for the commodities below. Each hub covers grades, specs, benchmark pricing and HS code references.
Brazil's key trading partners
Frequently asked questions
Because IPI, PIS, COFINS and ICMS all stack on cascading bases, and ICMS is calculated gross-of-itself ("por dentro"). A 10% duty line can easily add 40-60% total federal + state tax to CIF value.
Yes for capital goods (BK) and IT/telecom (BIT) items without Mercosur production - it can zero-out II for a defined period. Application via CAMEX; typical approval 90-180 days.