The Gazette | Rain in ES: rules defined for companies to have deadline and exemption from ICMS

In a decree published on Friday (3), the State Department of Finance (Sefaz) established criteria so that taxpayers from municipalities affected by heavy rains in March in the southern region of the State can request tax benefits relating to the collection of Road Tax of Goods and Services (ICMS).

Commercial establishments located in cities that have declared a State of Emergency or State of Public Calamity may request exemption from tax on the acquisition of equipment and machinery, both in internal operations and in interstate and import operations.

Furthermore, the deadline for payment of ICMS for the months of March, April and May can be extended by 180 days, counting from the date initially scheduled for payment, or the amounts can be paid in installments, in up to six installments, without interest and penalties. Another measure adopted is the exemption from refunding tax credits relating to stock of goods that have been proven to have been lost or deteriorated due to rain.

In addition to the form, an individualized technical report must be presented, provided by the Espírito Santo Military Fire Brigade (CBMES), through the State Civil Defense body; and draw up a detailed statement in the Record Book of Use of Tax Documents and Terms of Occurrence.

In the case of authorization to maintain the tax credit for goods lost or deteriorated by rain, in addition to the procedures described above, it is necessary to record in the Inventory Record Book the situation of perishing, deterioration or unusability of the stock of goods, due to the Emergency Situation or State of Public Calamity.

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