The new TIPI (IPI Incidence Table) that would come into effect today (1st) has had its validity postponed. The federal government published yesterday (31), in an extra edition of the Official Gazette of the Union, Decree No. 11,021/2022, which extended the initial validity of the new TIPI until May 1, 2022.
With this, the reduction of up to 25% in the IPI (Tax on Industrialized Products) rates will continue for at least another month. That is, if no new Decrees are issued by then. It is worth remembering that the IPI reduction is linked to the old table and, therefore, has no legal support in the new TIPI.
In other words, when the new TIPI comes into force, legally, the IPI reduction will no longer be valid. It is worth remembering that the IPI reduction came into effect on the date of publication, which occurred on February 25 of this year.
In other words, from February 25th onwards, taxpayers could pay taxes with the reduced IPI rate. However, it is important to note that many companies use software to generate invoices and did not have enough time to update their systems with the new rates. And that's without mentioning that there are companies that produce products with different rates. Therefore, they cannot make this change overnight.
As a result, many companies issued invoices with a higher tax rate than should have been applied. And, if the new TIPI were to come into effect today, companies would once again have to make changes to the way they issue their invoices.
Source: https://noticias.iob.com.br/vigencia-da-nova-tipi-e-adiada-saiba-como-fica-a-reducao-do-ipi/