SPECIAL WAREHOUSE REGIMES
There are two types of bonded warehouse regimes in Brazil:
Free Warehouse
According to the Customs Regulations, the special Free Warehouse regime is the one that allows the storage, in a bonded warehouse, of foreign goods to meet the commercial flow of countries that border third countries. It would be clearer, if it had been reported that the regime aims to meet the trade flow of Brazil’s bordering countries, in their third-countries trade relations.
Guaranteed Warehouse
The special customs regime, known as Guaranteed Warehouse or simply DAF, is currently based on articles 436 to 440 of the Customs Regulation (Decree No. 4543/02) and has its standard application (for now, only for international air transport companies) by SRF Normative Instruction No. 409/04. The DAF is a special regime that allows the stocking, with the federal taxes (Import Tax, IPI, PIS/PASEP and COFINS-import) payment suspension, of materials destined to the maintenance and repair of the aircraft, besides of board provisions (board supplies; commissioning materials, sale-intended on aircraft articles, etc.
