ICMS on bamboo imports: why the destination state sets your margin

ICMS is not a percentage bolted onto a landed cost. The rate follows the destination state, the base includes the tax itself, and the credit depends on who you are.

ICMS is not a percentage bolted onto a landed cost. The rate follows the destination state, the base includes the tax itself, and the credit depends on who you are.

Most landed-cost spreadsheets fail on the tax block, not the freight line. The seven-block structure of a Brazilian landed cost, why the NCM line decides everything upstream, and how to build a sheet your broker will recognise.