Establishes A Transitional Mechanism Of Devolucia The Tax Gearbox N Fico To Petra Read Diesel For Generating Companies Ela Electrical

Original Language Title: ESTABLECE UN MECANISMO TRANSITORIO DE DEVOLUCIÓN DEL IMPUESTO ESPECÍFICO AL PETRÓLEO DIESEL EN FAVOR DE LAS EMPRESAS GENERADORAS ELÉCTRICAS

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Article 1.-electrical generating companies subject to the provisions of article 7 of law Nº 18.502 and Decree Law No. 311, of 1986, the Ministry of finance, which possess means of generation operated in sync with an electrical system for an installed capacity of generation more than 1,500 kilowatts, according to the General Law of electrical services they will be entitled to the return of the remnant of the tax credit for the tax value added originated in the procurement of petroleum diesel, in the conditions established in this law.
The case of electrical systems whose installed generating capacity exceeding 200,000 kilowatts, will require, in addition, such means of generation to participate directly or through other companies in energy and power transfers established in the General Law of electrical services.