Tax Code
Definition
See
Tax Codes.
Use
Customizing
The R/3 System contains the following tax codes for Peru:
Input Tax
|
Tax code |
Tax |
|
C0 |
0% VAT |
|
C1 |
18% VAT, class 1 |
|
C2 |
18% VAT, class 2 |
|
C3 |
18% VAT, class 3 |
|
C4 |
18% VAT, class 1 + 10% excise duty |
|
C5 |
18% VAT, class 2 + 10% excise duty |
|
C6 |
18% VAT, class 3 + 10% excise duty |
The input tax codes allow for the four different purchase classes, which means that you must post your purchases using the appropriate tax code. You record all class 4 purchases (those that are tax-exempt by special dispensation) using tax code C0.
Output Tax
|
Tax code |
Tax |
|
D0 |
0% VAT |
|
D1 |
18% VAT |