Wednesday, January 09, 2013

The RS Government reduces GST special beer

At the same time they're conquering space in bars, specialty shops and supermarket gondolas, the Gaucho microbreweries began 2013 with the expected reduction in the rate of ICMS on beers and specialty beers in the State. According to decree signed by Governor Tarso Genro, the measure started to enforce on the 1st of this month and reduces to 25% to 12% the incidence of tax due by the industries through a presumed tax credit of 13% on sales of up to 200 thousand litres per month for companies with total production exceeding 3 million litres per year.
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