
Industrial Products Tax (IPI)
Definition
See
IPI.Use
IPI, which is included in
nota fiscal documents, must be submitted to the Brazilian tax authorities. It is reported in Modelo 8, Directory for Calculating IPI Tax (Registro de Apuração do IPI).The system also calculates a special quantity-based form of IPI called IPI pauta. Goods falling in this category are taxed per piece or by kilogram, rather than being taxed a defined percentage per product. You make these additional specifications in the IPI
tax Customizing activities, but instead of entering a rate in the Tax Rate field, you use the Rate/Unit field and additionally specify the number of units and unit of measurement.Integration
Several factors influence the percentage rate and base value of IPI:
If a material is used for industrialization (production), the tax amounts are posted to separate line items. If a material is used for consumption, the tax is nondeductible, in which case the IPI amount is added to the value of the material and you cannot offset the tax against your output tax. If a material is resold, the IPI tax amount is nondeductible, but it is added to the inventory value. IPI is typically not due in resale, since it is an excise duty levied on the production or import of goods.
The rate varies depending on its product classification, as defined by its NCM code. For some products, IPI is calculated on a reduced base amount.
In most cases, the system uses the IPI rate entered for the material's NCM code. However, if any other value has been entered as an exception (including per material), this value always overwrites that of the NCM code.
In certain cases, customers can be exempt from IPI. This only applies to SD, as described below.
If the vendor is a wholesaler who does not pay IPI, 50% of the calculated IPI value can be recovered. Since the wholesaler does not charge any IPI at all, this IPI credit is deducted from the inventory value (half of the IPI amount is deducted from the inventory value and the other half of the IPI amount is posted to deductible IPI). The IPI is not stored and printed on the nota fiscal. This is only relevant for MM.
Rate Determination in Materials Management (MM) and Sales and Distribution (SD)
When you enter a purchase order in MM or a sales order in SD, the system derives the IPI rate from the following factors:
|
Factor |
MM |
SD |
|
Tax code |
The FI tax code determines whether the system must calculate IPI. |
The pricing procedure checks the SD tax code: If the Calculate IPI indicator is set, the system calculates IPI. You specify the SD tax code in the sales order on line-item level. |
|
Master record |
Vendor master: |
Customer master: |
|
IPI rates |
The system searches for a rate as described here. |
|
See also:
IPI Tax Law