According to a release from the MAIA Ministry of Agriculture and Food Industry, the new provisions of the law specify that the amount of the refund during the stipulated period cannot exceed the amount of VAT intended to be deducted and reflected in the VAT return for December 2024.
The measure aims to support agricultural producers in the context of recent extreme weather conditions – first drought in several regions, followed by heavy rains, hail and severe soil erosion. The combination of these unfavorable weather factors jeopardized the harvest of significant areas of agricultural crops.
