Legislative Assembly of the State of Mato Grosso
The deputies approved in the ordinary session of this Wednesday (31.08) of the Legislative Assembly of Mato Grosso (AL/MT), the proposal of the governor Mauro Mendes (União), which authorizes the States to grant credit granted to producers and distributors of hydrated ethanol fuel – EHC, through ICMS Agreement 116/2022.
The ICMS Agreement 116/2022 was signed within the scope of the National Council for Finance Policy – CONFAZ and is a financial aid of up to BRL 3.8 million, which will be transferred to the States in five installments in the amount of up to BRL 760 million each one. According to the law, the credit granted to Mato Grosso corresponds to the amount of R$ 191,570,491.64 million, to be transferred by the Federal Government to the State Treasury in five installments, from August to December.
The measure, according to Constitutional Amendment nº 123, of July 14, 2022, allows, according to the Government, to preserve the tax rate differential of the consumer price in relation to that of commercialized gasoline, resulting in an increase in the competitiveness of biofuel. “This amendment also recognized, in 2022, a state of emergency resulting from the extraordinary rise in the prices of oil, fuel and its derivatives, through the addition of article 120 to the Transitional Constitutional Provisions Act – ADCT”, quotes an excerpt from the justification.
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According to the rule, in the period from August to December 2022, credit is granted for compensation with the Tax on Operations related to the movement of Goods and on Provision of Interstate and Intermunicipal Transport and Communication Services – ICMS to industrial establishments, ethanol producers hydrated EHC fuel.
In order to access credit, the industrial establishment or producer of EHC will have to be in the territory of Mato Grosso, be a holder of active registration in the Taxpayer Registry, having as main activity framed in the CNAE, be a holder of state tax regularity, in the year 2021 to have commercialized, in internal and interstate operations, EHC from Mato Grosso productions.