Service Drawback Will Reduce Export Costs; Secex To Regulate The Modality

Written by Bruno Teles

Published on 26/01/2023 at 18:58

Drawback (Foto/divulgação)

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It Is Important for Companies Because It Means Lower Export Costs. The Service Discount Suspends Taxation on a Series of Services, Provided That Your Contract Is Directly Related to the Export of Goods.

The model, which came into effect on January 1, 2023, extends the moratorium on the use of services, which companies already benefit from when purchasing inputs for the industrialization of products to be exported. This discount was established by Decree 37/1966 and has since been updated by several other regulations.

Learn More About the System to Reduce Export Costs

Under the traditional model, the system suspends the collection of Import Tax (II), Tax on Industrialized Products (IPI), PIS, Cofins, and ICMS. For the moratorium to be exempt, companies must certify that the import or equivalent is used in products that will be subsequently exported. In the absence of proof, unpaid taxes will be charged with interest and fines.

The service tax was established last year through Law 14.440/2022, which inserted Article 12-A into Law 11.945/2009. The provision provides for the suspension of the contracting of 16 services by PIS/Cofins and PIS/Cofins Import, provided that they are directly related to the export of goods. However, the provision stipulates that for it to be effective, the new model of the system needs to be regulated by a joint ordinance of the Federal Revenue Service and the former Special Secretariat for Foreign Trade and International Affairs (Secint) of the economy.

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Modalities

Currently, there are three modalities of drawback: suspension, exemption, and tax refund. The first two are administered by the Foreign Trade Secretariat – Secex, while the third is the responsibility of the Federal Revenue Service of Brazil – RFB, and is practically no longer used.

Drawback Suspension – Integrated Module: For the registration and monitoring of Drawback Concession Acts (AC) of the “suspension” modality.

Drawback Integrated Exemption: For the registration and monitoring of Drawback Concession Acts (AC) of the “exemption” modality.

Drawback Suspension – Blue Module: For the registration and monitoring of special operations of the “Vessel” and “Supply in the Domestic Market” (FMI) types.

What Are the Export Costs?

Understand what the main export costs are:

· Fiscal classification. The correct fiscal classification can determine the success or failure of a business.

· Agreements with target countries.

· Transportation.

· Technology.

· Customs transit.

· Customs regulations.

Service Drawback Will Reduce Export Costs; Secex To Regulate The Modality

It Is Important for Companies Because It Means Lower Export Costs. The Service Discount Suspends Taxation on a Series of Services, Provided That Your Contract Is Directly Related to the Export of Goods.

Learn More About the System to Reduce Export Costs

Modalities

What Are the Export Costs?

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Service Drawback Will Reduce Export Costs; Secex To Regulate The Modality

It Is Important for Companies Because It Means Lower Export Costs. The Service Discount Suspends Taxation on a Series of Services, Provided That Your Contract Is Directly Related to the Export of Goods.

Learn More About the System to Reduce Export Costs

Modalities

What Are the Export Costs?

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Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Goodbye traditional washing machine: Panasonic surprises housewives with the NA-G5 featuring four drums, a 13 kg washer and dryer, a 12 kg dryer, independent mini washers, a heat pump, and a 4-in-1 system awarded at the German Design Award.

While cities spend fortunes patching potholes and tons of plastic become waste, the Netherlands transforms over 218,000 recycled cups into a modular bike path that can conceal drainage, cables, and pipes.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

Brigadeiro becomes a R$ 300,000 per month business in Porto Alegre after a couple transforms an empty store into a buffet inspired by children’s parties, which now attracts up to 600 customers per weekend and turns down reservations due to lack of space.

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