The Federal Revenue Service is a government agency responsible for administering federal taxes and customs control.
Among its duties is to carry out auctions of goods seized or abandoned at the country's customs, ports and airports.
These auctions are an opportunity to acquire quality products at below-market prices, in addition to contributing to public revenue and the social allocation of goods.
What are Federal Revenue auctions?
Federal Revenue auctions are public events that aim to sell goods seized or abandoned in customs units in Brazil.
These goods may be imported products, such as electronics, cell phones, watches, perfumes, clothes, among others, or vehicles, vessels and aircraft that have been retained due to tax or customs irregularities.
Electronic auctions are held online, through the Federal Revenue Service's Electronic Auction System (SLE).
Who can participate in Federal Revenue auctions?
Federal Revenue auctions can be held by individuals or legal entities, depending on the type and quantity of goods offered. The notices for each auction specify who can participate and the rules and conditions for qualifying and winning lots.
In general, to participate in the Federal Revenue's electronic auctions, you must have a valid Digital Certificate and an access code to the Virtual Taxpayer Service Center (e-CAC).
The Digital Certificate is an electronic document that identifies and authenticates the user on the internet, ensuring security and reliability in online transactions.
The e-CAC access code is obtained on the Federal Revenue website, by providing the CPF, date of birth and receipt numbers from the last two Income Tax returns.
In addition, you must be up to date with your tax and customs obligations, have no outstanding debts with the National Treasury Attorney General's Office (PGFN) and not be prevented from contracting with the government.
How to participate in Federal Revenue auctions?
To participate in the Federal Revenue's electronic auctions, you must follow the following steps:
• Access the website of the Federal Revenue Service and consult the notices of ongoing auctions. Read carefully the information about the available lots, minimum values, payment methods, fees and taxes charged, locations and deadlines for collecting the goods, among others.
• Choose the auction and lot of interest and make a value proposal in the SLE. To do this, you must access the e-CAC portal with your Digital Certificate or access code and click on the “Electronic Auction Services” option. Then, select the desired auction and click on “Include Proposal”. You can make one proposal per lot and change it until the end of the qualification phase.
• Wait for the Federal Revenue Service to analyze your proposal. If it is equal to or greater than the minimum value stipulated for the lot, you will be eligible to participate in the bidding phase. Otherwise, you will be disqualified.
• Participate in the bidding phase of the SLE. At this stage, you must access the e-CAC portal again on the day and time scheduled for the start of the auction and place your bids in real time. You can follow the bids of other participants and increase your bid until the end of the auction. The winner will be the one who places the highest bid for the lot.
• Pay for the lot you win. After the auction, you will receive a Federal Revenue Collection Document (DARF) to pay the value of the lot, fees and taxes due. You must pay the DARF within one business day after it is issued, otherwise you will lose the right to the lot and be penalized by the Federal Revenue Service.
• Collect the goods at the location indicated in the notice. You must present proof of payment of the DARF and the documents requested by the Federal Revenue Service to collect the goods within the established deadline. You are responsible for the transportation and storage of the auctioned goods.
What precautions should be taken when participating in Federal Revenue auctions?
• Check the origin and condition of the goods offered, as they may have defects, damage or be missing parts or accessories. The Federal Revenue Service is not responsible for the quality or functioning of the auctioned products.
• Calculate the costs involved in the auction, such as fees, taxes, transportation and storage of the goods. These costs can increase the final value of the lot and reduce the profit margin or savings obtained.
• Respect the deadlines and conditions established in the notices, as failure to comply may result in the loss of the lot, the application of fines and the suspension of the right to participate in future Federal Revenue auctions.
If you are interested in the Federal Revenue auctions, visit the Federal Revenue website and check the notices of the auctions in progress. Who knows, you might find the product you were looking for at an unbeatable price? Good luck!