By law, a customer in Italy can be exempted from value added tax in certain
circumstances.
The tax authorities issues a license to the customer (Lettera di esenzione)
with a license number and the date on which the license is valid. The customer
sends this license to a vendor, who must take the tax exemption into account
when carring out invoicing. During the validity period of the license, the
vendor cannot add any tax to the customer invoice. The vendor must also log
all tax exemption licenses encountered during the course of the business year.
The date of logging as well as a business year-dependant serial log number
must be defined for the the tax exemption license. The vendor must also enter
the license number and the date of tax exemption as well as the log number and
the log date in every customer invoice.
Currently, the following two forms of license validity are supported:
You can control the Lettera di esenzione using the condition technique. You
can control the Italian tax license by condition type
LCIT.
You enter the license data in the condition master record screen.
Pricing takes into account whether or not the order or billing document
created is exempt from VAT.
The preconditions for this are the following changes in Customizing, which are
already maintained in the pricing procedure for Italy
RVAAIT.
The following settings need to be made for Italy in Customizing SD:
| Step | Cntr | Ctype | Reqt | AltCTy | AltCBV | ActKy |
|---|---|---|---|---|---|---|
| 914 | 0 | LCIT | 33 | 37 | MWS | |
| 915 | 0 | MWST | 10 | 27 | MWS |
Logging of tax exemption licenses is carried out in table TLIC. View V_TLIC is created for maintaining this table. Entries can be made here using transaction VFLI . You enter the license number, the log number and the log date in table TLIC.
Logging of tax exemption licenses
The existence of a log number or of a log date is not a requirement for the creation of a billing document. However, the standard print program for billing documents RVADIN01 is enhanced so that a billing document for a tax exempted customer can only be printed if the license number, the license creation date, the log number and the log date are all maintained.
Invoice printing
The following appear in the invoice