Confaz revokes agreement that fixed a single ICMS rate for diesel oil

With the decision of the STF, the rule that takes into account the value of fuels in the last five years applies again

Dirceu Portugal/Estadão ContentIn a nod to truck drivers, President Jair Bolsonaro announces a cut in the collection of the federal tax on the liter of diesel
Diesel price must be changed by a ceiling determined by Congress

O National Council for Finance Policy (Confaz) revoked this Wednesday, 22, the agreement approved in March that determined a single rate of ICMS for the diesel oil of R$ 1,066 per liter, which would be applied from the 1st of July. Each state could still apply discounts and offsets as a way to avoid tax increases. The revocation takes into account the decision of André Mendonça, minister of the Federal Supreme Court (STF), last Friday, 17, which determined that the rates charged on all fuels must be equal. Now, the ICMS calculation for all fuels will be based on the average price of each product in the last five years, while there is no agreement for a new methodology. Confaz meets to seek this new methodology next Wednesday, 28th. The governors are also awaiting the presidential sanction of the law that determines the ICMS limit in the fuel, communication, transport and energy sectors to 17%, which could also affect the issue – state representatives are opposed to the limitation because it would lead to a loss of revenue and intend to challenge it in court.

About Yadunandan Singh

Born in 1992, Yadunandan approaches the world of video games thanks to two sacred monsters like Diablo and above all Sonic, strictly in the Sega Saturn version. Ranging between consoles and PCs, he is particularly fond of platform titles and RPGs, not disdaining all other genres and moving in the constant search for the perfect balance between narration and interactivity.

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