[Free translation]
State Decree No. 53,538, published in the Official Gazette of the State of Rio Grande do Sul yesterday, extended 55 tax benefits related to exemption or reduction of the ICMS calculation basis.
The extension of these benefits was granted retrospectively at the date of their closure, thus keeping their effects constant.
There were four main extensions, namely:
a) exemption from ICMS until September 30, 19, in the cargo transport services performed to a taxpayer registered in the CGC / TE (RICMS / RS, Book I, article 10, IX);
(b) a reduced calculation basis, until 09/30/1919, for the output of machinery, apparatus and industrial equipment, listed in Appendix X of the RICMS (RICMS / RS, Book I, article 23, XIII);
c) reduced calculation basis, until 09/30/19/19, for exits of agricultural machines and implements, listed in Appendix XI of the RICMS (RICMS / RS, Book I, article 23, XIV);
d) exemption from ICMS until October 31, 17, of inputs destined to agriculture and livestock. The complete list of inputs is contained in items VIII and IX, of art. 9, Book I, RICMS (RICMS / RS, Book I, article 9, VIII and IX).
We suggest reading the entire Decree.
