Invoices for gasoline and diesel fuel must show the difference between the amount of COI that will be charged before the discount, and the amount of this tax charged on the transaction.
These requirements for the content of invoices are contained in the Decree-Law currently published in the Diário da República, as mentioned in the Council of Ministers decree on exceptional measures to reduce the impact of price increases on household income.
“The Government will also establish the obligation to indicate a discount on the tax burden, and therefore on the sale price to the public, on invoices relating to the consumption of unleaded gasoline and diesel fuel for road use, supplementing the declarative duty provided for in Article 9 of Decree No. 141/2020 of February 20, issued by the Energy Services Regulatory Authority,” the Council of Ministers said in a resolution.
Thus, according to the Decree-Law, invoices and similar documents relating to transfers carried out on the mainland, unleaded gasoline and diesel fuel for road traffic, must contain “a separate and additionally mandatory mention of the difference between the cost of the Internet provider, which will be be charged without reducing the applicable rate, the total amount of the ISP charged at the rate in effect at the time the invoice or similar document is issued.
“For the purposes of the reporting obligation (…) invoices must show “Reduction of IP + VAT”, followed by the amount of the temporary reduction in the tax burden,” the diploma states, determining that the measure will become effective from October 1, 2022 of the year.
The government has decided that until the end of this year it will maintain a reduction in the CIT rate equivalent to that which would result from the application of a VAT rate of 13% (instead of 23%) on fuel.
Author: Lusa
Source: CM Jornal
