HS 7112.99: Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds

HS 7112.99 covers waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds under Brazil's NCM classification. This heading maps to 1 Brazilian NCM code with import duty (II) of 5.4%. Under the EU-Mercosur agreement, EU-origin products in this category benefit from progressive tariff reduction. In 2024, Brazil imported $262K worth of these products, with Canada as the leading supplier.

How to import waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds into Brazil

1. Confirm the NCM code — the table above shows 1 NCM code under HS 7112.99. Your Brazilian customs broker will determine the exact 8-digit NCM.
2. Check the import duty — rates for this heading are 5.4%. This is the base rate before other taxes.
3. Calculate the full landed cost — Brazil charges 7 cascading taxes on imports: II, IPI, PIS, COFINS, ICMS, AFRMM, and Siscomex fee.
4. Verify regulatory requirements — check if ANVISA, INMETRO, MAPA, or other agencies require pre-clearance for your product.