Commonly the Federal Revenue seizes electronic products from unofficial sources, such as cell phones purchased illegally in other countries.
In general, they are electronics of different types, such as: notebooks, tablets, smartphones and smartwatches.
These products are captured by the Federal Revenue Service, which carries out auctions of these products with the aim of increasing the agency's financial revenue.
Virtually everyone individuals or legal entities that are in compliance with the Federal Revenue Service are authorized to participate in these auctions – which can be very advantageous, as the products are sold below the regular price.
Want to know how to buy cell phones at the Federal Revenue Auction? Check out the topics below!
Find out who is eligible to participate in Federal Revenue auctions
Legal entities or individuals can participate in the Federal Revenue auction, provided they are in good standing with the agency. This means they must have an active CPF and no outstanding debts with the Federal Revenue Service.
However, it's important to note that new rules may apply to each event, such as the announcement stating only legal entities may participate. Therefore, individuals will be excluded. Therefore, it's crucial to check the announcement for full details.
How to participate in the auction
First of all, you need to have the digital certificate, which must be purchased individually. There are many technology sites that sell this certificate, both in the version individual as in legal entity. Additionally, you will also need a code which is generated through the e-CAC Portal – directly from the Federal Revenue Service. The code is valid for two years.
Once you obtain these two items, if there are no restrictions with the Federal Revenue Service, you will be able to participate in the event normally and place your bids to purchase the products that interest you.
To find out the date and location of the event, pay attention to the announcement, which is published on the Federal Revenue Service's official platform. Stay tuned so you don't miss out on upcoming events!
See how auctions are conducted
Even before obtaining the digital certificate to participate in the auction, interested parties can already check out the open auctions taking place in several states in Brazil. It is best to participate in the events closest to your home.
When you are qualified to participate in the auction, carrying the digital certificate and the code issued On the IRS platform, you can already place a bid if the event is open. Typically, the bid price for the lot is 10% less than the value of the highest offer for the device.
How the payment method works
It is important to note that cell phones and other electronic devices are sold below their stated price, so it is not possible to pay for these products in installments. The Federal Revenue Service only authorizes auction sales in a in sight.
After the lot auction is completed, the buyer will have to issue a Federal Revenue Collection Document (DARF), from this point on, there will be two options:
– Make full payment for the product on the next business day after the event;
– Pay a deposit 20% of the value of the cell phone on the next business day after the auction and complete the payment of 80% within 8 days.
Finally, just take advantage of the advantages of purchasing cell phones at the Federal Revenue Auction, as they are usually new devices in the box and sold at prices below market price.