Through Agreement 131/2021, the Ministry of Finance and Public Credit announced the percentages and amounts of the tax incentive, as well as the reduced rates of the excise tax on production and services applicable to fuels during October.
1. Percentages
The regulation states that the percentages of the tax incentive for the period from September 25 to October 1, 2021, applicable to automotive fuels are as follows:
Fuel | Incentive Percentage |
Gasoline less than 91 octane | 50.78% |
Gasoline greater than or equal to 91 octane and non-fossil fuels | 21.98% |
Diesel | 30.83% |
2. Applicable Amounts
On the other hand, the amounts of the tax incentive for the period from September 25 to October 1, 2021, applicable to automotive fuels will be;
Fuel | Amount of the tax incentive(pesos/litre) |
Gasoline less than 91 octane | $2.5973 |
Gasoline greater than or equal to 91 octane and non-fossil fuels | $0.9495 |
Diesel | $1.7328 |
3. Fees
Finally, the fees for the period from September 25 to October 1, 2021, applicable to automotive fuels were established as follows;
Fuel | Fee (pesos/litre) |
Gasoline less than 91 octane | $2.5175 |
Gasoline greater than or equal to 91 octane and non-fossil fuels | $3.3697 |
Diesel | $3.8884 |
Source: Diario Oficial de la Federación 24/09/21