NCM das notas fiscais: o que é e como preencher?

Summary

This video explains the importance of the NCM (Mercosur Common Nomenclature) code in electronic tax documents like NF-e and NFC-e, which is crucial for product classification and tax management in countries like Brazil, Argentina, and others in the Mercosur bloc. Daniele from the Tecnospeed Plug DFE team breaks down how to fill out this mandatory code to avoid fines and sanctions. The NCM helps classify goods, determine applicable taxes, and identify tax benefits. The video also highlights the process for querying the NCM code through various official platforms for accuracy.

Takeaways

• 😀 The NCM code is mandatory for electronic invoices (NF-e) and consumer invoices (NFC-e) in Brazil and Mercosur countries.
• 😀 NCM stands for 'Nomenclatura Comum do Mercosul' and is used to identify products traded within the Mercosur economic bloc (Brazil, Argentina, Paraguay, Uruguay, and Venezuela).
• 😀 The NCM code follows the Harmonized System (HS) standard, making it applicable in multiple countries worldwide.
• 😀 The NCM code is crucial for tax classification, determining taxes such as import duties, industrial product tax, and circulation taxes.
• 😀 Correctly filling out the NCM code helps avoid penalties and sanctions, such as fines or withheld goods.
• 😀 The NCM code is also used to identify products eligible for tax benefits, including reductions, exemptions, or special customs regimes.
• 😀 The NCM code consists of 8 digits: the first 6 are based on the Harmonized System, while the last 2 represent Mercosur-specific classification.
• 😀 The NCM table contains 21 sections and 96 chapters, each corresponding to different product categories based on their characteristics.
• 😀 The National NFE Portal is the most reliable source for checking and consulting up-to-date NCM codes.
• 😀 If conflicting NCM codes are found from different sources, it is recommended to rely on the National NFE Portal for accuracy.

Q & A

What is the NCM code, and why is it important?

The NCM code is the Common Nomenclature of Mercosur, used by Brazil and other countries in the Mercosur bloc to classify products for trade and taxation purposes. It is important because it ensures accurate tax classification, helps determine applicable taxes, and identifies products that may be eligible for tax benefits.

Which countries use the NCM code?

The NCM code is used by Brazil, Argentina, Venezuela, Paraguay, and Uruguay, as well as other countries that follow the Harmonized System of Designation and Coding of Goods by the World Trade Organization.

Is filling out the NCM code mandatory on electronic invoices?

Yes, filling out the NCM code is mandatory on the electronic invoice model 55 and the electronic consumer invoice model 65 in Brazil.

What are the consequences of not correctly classifying a product using the NCM code?

Incorrectly classifying a product with the NCM code can lead to sanctions, including fines and withholding of payments. Proper classification is essential to avoid these penalties.

How does the NCM code help with tax classification?

The NCM code helps determine the applicable taxes for a product, such as the import tax, tax on industrialized products, and tax on the circulation of goods and services. It is a key factor in ensuring the proper taxation of products.

What is the structure of an NCM code?

An NCM code consists of eight digits. The first six digits align with the Harmonized System, which identifies the product's position and subposition chapter, while the last two digits are specific to Mercosur and describe the product more precisely.

Where can the NCM code be consulted?

The NCM code can be consulted through the National NFE portal, the Single Foreign Trade Portal system, and the CFAS Portal. It is recommended to use the National NFE portal for the most up-to-date information.

What is the purpose of the NCM table?

The NCM table classifies products and services by their characteristics. It includes 21 sections and 96 chapters, and it is updated regularly based on GEX resolutions to reflect current product classifications.

Can I memorize all the NCM codes?

Memorizing all NCM codes is not necessary. The NCM table is available for reference, so you can consult it whenever you need to classify a product properly.

How often is the NCM table updated?

The NCM table is updated according to technical notes, such as Technical Note 2016 003, and is aligned with the current GEX resolutions. The table is regularly revised to ensure accurate classification of products.