SEFAZ-MG Auditor Fiscal Practice Questions - SEFAZ-MG Auditor Fiscal Da Receita Estadual (Minas Gerais, Brazil) Exam

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A supermarket chain in Belo Horizonte/MG acquires food staples belonging to the basic food basket (cesta básica) with an internal ICMS tax base reduction of 50%. The acquisition occurred with regular ICMS credit taxation. Under Lei Estadual nº 6.763/1975 and Decreto nº 48.589/2023 (Novo RICMS-MG), what rule applies to the input tax credit appropriation in this scenario?

The taxpayer is prohibited from taking any input credit whatsoever on operations that benefit from a partial tax base reduction. The taxpayer may fully retain 100% of the input credit regardless of any specific statutory authorization, because base reductions do not equate to exemptions. The taxpayer must effect a proportional credit reversal (estorno proporcional de crédito) of 50% of the input tax credit, unless state legislation expressly authorizes credit maintenance (manutenção de crédito). The taxpayer must pay a compensatory state fee (Taxa de Expediente) equal to the value of the tax base reduction before utilizing the input credit.

Correct Answer:

The taxpayer must effect a proportional credit reversal (estorno proporcional de crédito) of 50% of the input tax credit, unless state legislation expressly authorizes credit maintenance (manutenção de crédito).

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