Selective Tax Code - 76/IM
The system uses the Item Tax Code UDC 76/IM to set up the tax code at item level for calculation of selective tax (IS) which is imposed on a certain category of items. The system considers this tax to calculate the taxable base for calculation of ICMS as defined in the Taxable Base Include Setup application (P76TI001). These values are hard-coded in Brazilian localization:
|
Codes |
Description |
Hard-Coded |
|---|---|---|
| IS | Item | Y |
| Blank |
Blank |
Y |