II Calculation (Brazilian Hub SuiteApp)
The Imposto de Importação (II) applies to goods imported to Brazil.
Creating II Parameters
To set up II calculation on your account, you must create parâmetros II records. Create a record for each Mercosur Common Nomenclature (MCN) code associated with the goods you import to Brazil.
To create II parameters:
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Go to BRHub > Fiscal > Parametrização de II > New.
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In the NCM field, select the MCN code associated with the goods subject to these parameters.
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(Optional) If the parameter should only apply to a specific item, in the Item field, select the item the parameter applies to.
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In the Alíquota field, enter the II rate.
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In the Data Inicial Vigência field, enter or select the start date for the effectiveness of the parameter.
The start date is the date on which the parameter takes effect for transactions subject to II. This date is usually defined by law.
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(Optional) If the parameter expires on a date predetermined by law, in the Data Final Vigência field, enter or select the end date for the effectiveness of the parameter.
The end date is the date on which the parameter expires, losing its effect. You can edit this field later if the law changes and affects the effectiveness of the parameter.
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Click Save.