[Free translation]
Through Decree No. 53,551 / 17, published yesterday (05/30/2017) in the Official Gazette of the State, the right to use the presumed ICMS credit to manufacturing and wholesale establishments was extended until May 31, footwear or leather goods, calculated on their sales destined to other units of the federation.
This presumed ICMS credit corresponds to 8.5% of the ICMS value due on the respective operations.
The aforementioned tax benefit is provided for in item "b", item CXLI, article 32, Book I, of RICMS / RS, and has already been object of comment in our Information 24-16, remaining the remaining provisions regarding its use unchanged.
