Example 3 - ICMS/IPI Reduction (MATA080 - SIGAFIS)

Purchase of automotive gasoline with ICMS tax base calculated on 128.08% (one hundred and twenty-eight point zero eight percent), for internal operations, and on 204.11% (two hundred and four point eleven percent), for interstate operations.

Application I - Operation within the State

Inflow document regarding purchase of automotive gasoline within the State, with ICMS tax base on 128.08%

1. TIO Registration:

TIO Configuration
Field	Content
Code	340
TIO Type	Inflow
Credit ICMS?	Yes
Credit IPI?	No
Generate Trade Note?	Yes
Update Stock?	Yes
Third Party Possession?	No
Calculate ICMS?	Yes
Calculate IPI?	No
ICMS Red. %	128.08
IPI Red. %	00.00
ICMS Tax Rec.	No
IPI Tax Rec.	No
Indicate IPI?	No
IPI in Tax Base?	No
Calc. ICM Dif.	No
Mat. Consumption	No

2. Registration of inflow documents:

Document	000009/UNI
Date	6/1/03
Quantity	1000
Goods Value	50.00
Goods Total	50,000.00
Document Total	50,000.00
TIO	330
IPI rate	Exempt
IPI Tax Base	00.00
IPI Value	00.00
ICMS Rate	12%
ICMS Tax Base	64,040.00
ICMS Value	7,684.80

3. Classification of inflow document in Tax Records, see information in the report Inflow Records:

Inflow Date	Number	Accounting Value	Tax Code	Code	Operation Value Tax Base (ICMS)	Rate	Credited Tax (ICMS)	Operation Value Tax Base (IPI)	Rate	Credited Tax (IPI)
6/1/03	000009/UNI	50,000.00	191	1	64,040.00	12.00	7,684.80	00.00		00.00
				2	00.00
				3	00.00

Codes:

1. Transactions with tax credit.

2. Transactions without tax credit-exempt or non-taxed.

3. Transactions without tax credit - others.

Tip:

To issue the reports of Inflow Records and outflow Records, refer to topic Data Proc. Basis.

Application II - Interstate operation

Inflow document regarding purchase of automotive gasoline from other State, with ICMS tax base on 204.11%.