Prices of gasoline, diesel and cooking gas rise with new ICMS

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With an increase of R$0.15, gasoline will rise to an average of R$5.71, taking into account the average price of the product based on the ANP price survey.

From this Thursday (1st), fueling the vehicle and cooking will become more expensive. The Tax on the Circulation of Goods and Services (ICMS), a tax charged by states, will rise for gasoline, diesel and cooking gas.

The increase reflects the decision of several states to readjust the ICMS for products in general to compensate for revenue losses.

With an increase of R$0.15, gasoline will rise on average to R$5.71, taking into account the average price of the product based on price research by the National Petroleum, Gas and Biofuels Agency (ANP). Diesel oil will have an average increase of R$ 0.12, reaching an average of R$ 5.95, and Diesel S-10 could be above R$ 6.00 per literaverage.

In case of cooking gas, the average price of a 13-kilo cylinder would rise, on average, from R$100.98 to R$103.60.

In most cases, states raised general rates from 18% to 20%. As fuels follow a different taxation system, the adjustments will be with fixed values ​​in cents.

Previously, ICMS was charged according to a percentage of the total price defined by each state. Now, the tax is charged at a fixed amount per liter, in the case of gasoline or diesel, or per kilogram, in the case of cooking gas.

The rates changed to the following values:

Fuel Current tax rates From February 1st
Gasoline R$ 1.22 per liter R$ 1.37 per liter
Diesel R$ 0.9456 per liter R$ 1.06 per liter
cooking gas R$ 1.2571 per kilo R$ 1.41 per kilo
Source: Confaz

Information by Agência Brasil

The article is in Portuguese
Tags: Prices gasoline diesel cooking gas rise ICMS
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