The Government established a maximum of US$ 500 to pay for statistics rate for imports of capital goods, which is used in the construction of renewable energy parks, says the decree 548 / 2019.
The measure, published this Thursday (09.08.2019) in the Official Gazette with the signature of President Mauricio Macri, Chief of Staff Marcos Peña and Ministers Nicolas Dujovne and Dante Sica, states “when it comes to capital goods that are imported exclusively to be used in the construction of renewable energy generation projects committed in supply contracts, the maximum amount to be paid may not exceed the sum of USD 500.”
The regulations explain that "the authority in charge of applying Laws numbers 26.190 and 27.191, or the one designated by it, will inform the General Directorate of Customs, the list of the subjects who have entered into these contracts and will determine the manner in which the aforementioned affectation will be verified, without prejudice to the powers of the latter.”
As it is stated, the National Promotion Regime for the Use of Renewable Energy Sources for the Production of Electric Energy, provides for the progressive increase in the participation of renewable energy sources in the national electricity matrix until reaching 20% of total annual consumption by December 31, 2025.
Thus, this regime is part of the Renovar plan implemented by the national administration since 2016, which seeks to stimulate investments in electric power generation, based on the use of renewable energy sources, whether these are new generation plants or expansions and/or repowering of existing generation plants, carried out on new or used equipment.
In this context, The Government has enabled an exceptional regime for the signing of new renewable electricity supply contracts for projects committed to in contracts signed under previous regimes, under the rules of the Renovar program. In this line, 10 contracts have already been carried out, for a total of 500 megawatts.
Likewise, the statistical rate rate was set at 31% until December 2019, 2,5., which will apply to definitive import destinations for consumption and to temporary import suspension destinations. In this way, the competent Legal Services of the Ministry of Finance and the Ministry of Production and Labor intervened.
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