Three Resolutions from Camex (Chamber of Foreign Trade), from the Ministry of Economy, were published in the Official Gazette of the Union (DOU), which temporarily reduce the Import Tax on capital, IT and telecommunications goods. The highlight was the changes in the ex-tariff for bifacial and inverter modules.
Check below the applicable Import Tax rates that have been modified:
Resolutions No. 10, 11 and 15:
Until December 31, 2021, the Import Tax rates levied on bifacial photovoltaic modules, consisting of 144 monocrystalline silicon cells, with a maximum nominal power (STC) greater than or equal to 400Wp (500Wp with gain 25% bifacial).
In addition, changes were granted for inverters with a power of 2,5 to 6kW, with an efficiency of at least 97,8%, and single-phase microinverters with a nominal power of 1.200W, with an efficiency of at least 96,5%.
Risen modules, for example, already meet the requirements of this ex-tariff. “Combined with an aluminum frame similar to that of a normal module, they become very attractive for large plant projects, as well as for medium and small projects, and even in others where the bifaciality factor is not considered”, commented Fernando Castro, director of sales at Risen Energy Brasil.
Fernando further explained that in China, bifacial modules are generally around 6% more expensive than monocrystalline PERC modules, due to the treatment on both sides of the cell, as well as additional glass on the back, replacing the back sheet.
Detailed descriptions of the products covered by the ex-tariff can be found in the Official Gazette of the Union.
Ex-tariff
The ex-tariff consists of the temporary reduction of the Import Tax rate on capital goods, when there is no equivalent national production. The objective of this regime is to promote the attraction of investments in the country, exempting contributions directed to productive enterprises.
According to the Ministry of Economy, the importance of the ex-tariff consists of three fundamental points: it enables increased investment, enables increased innovation by companies from different segments of the economy and produces a multiplier effect on employment and income.
