Purpose:

This thesis is intended for import of Machinery and Capital Goods in order to form Fixed Assets of taxpayer.

Advantages:

The cash for payment of such tax, not debited in DI registration, is transformed into Working Capital;
Monthly payment of tax, after six months from goods release;
Application of cash while payment is not performed;
Payment in installments of debit in twenty four up to sixty fixed installments

Legal Basis:

- Act 11.001/02 dated 12/21/01 (DOE-SP (São Paulo State Official Gazette) 12/22/01) not available

Amends Act No. 6374, dated March 1, 1989 that regulates introduction of Tax on Operations Related to Goods Circulation and Services Provision of Interstate and Intermunicipal Transportation and of Communication – ICMS

- Act 6.374 dated 01/01/89 (DOE-SP (São Paulo State Official Gazette) 03/02/89) not available

Regulates introduction of Tax on Operations Related to Goods Circulation and Services Provision of Interstate and Intermunicipal Transportation and of Communication – ICMS.

- Decree 45.490/00 dated 11/30/00 (DOE-SP (São Paulo State Official Gazette) 12/01/00) not available

Approves Regulation of Tax on Operations Related to Goods Circulation and Services Provision of Interstate and Intermunicipal Transportation and of Communication – RICMS (Including Regulation of ICMS)