Supreme Court Considers ICMS Credit for Inputs in Export Goods

Written by Corporativo

Published on 23/09/2023 at 06:10

Foto: Priscyla Costa

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Crucial Ruling For Exporters Defines Use Of ICMS Credits

At the end of this month, the eyes of exporters will be on the Federal Supreme Court (STF). The reason? A decision that could change the financial landscape for those operating in the foreign market. The discussion involves the possibility of generating ICMS credits on the acquisition of fixed assets and materials for use and consumption employed in the production of goods intended for export. As it has General Repercussion, the verdict will affect all taxpayers, and the ruling will take place between September 22 and 29 in the virtual plenary.

What Is At Stake?

To better understand, materials for use and consumption, such as office and cleaning supplies, are not used as inputs nor sold. On the other hand, fixed assets, also known as non-current assets, refer to long-lasting goods used for exploitation, such as facilities and equipment.

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Supreme Court Considers ICMS Credit for Inputs in Export Goods

Crucial Ruling For Exporters Defines Use Of ICMS Credits

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Supreme Court Considers ICMS Credit for Inputs in Export Goods

Crucial Ruling For Exporters Defines Use Of ICMS Credits

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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