SEFAZ-RJ Auditor Fiscal Practice Questions - SEFAZ-RJ Auditor Fiscal Da Receita Estadual Exam

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A textile factory in Petrópolis/RJ acquires industrial manufacturing machinery for R$ 240,000.00 with ICMS highlighted on the tax invoice at R$ 48,000.00, intended exclusively for its production plant. In the first month of operation, the establishment reports: Total Outbound Sales of R$ 500,000.00, comprising R$ 400,000.00 in taxable and export sales and R$ 100,000.00 in exempt/non-taxable internal sales. Under Article 33 of Lei Estadual nº 2.657/1996 and CIAP rules in RICMS/RJ, what is the exact ICMS credit amount the taxpayer is entitled to appropriate in this first monthly fiscal period?

R$ 48,000.00, as fixed assets permit immediate 100% full credit appropriation in the acquisition month. R$ 1,000.00, representing 1/48th of the total highlighted tax credit without proration. R$ 800.00, representing 1/48th of the total credit multiplied by the 80% ratio of taxable and export sales over total sales. R$ 200.00, representing 1/48th of the total credit multiplied by the 20% ratio of exempt sales over total sales.

Correct Answer:

R$ 800.00, representing 1/48th of the total credit multiplied by the 80% ratio of taxable and export sales over total sales.

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