Maintaining data in Item Fiscal

This session is not required if not operating in Brazil.

  1. Expand Master Data applications > Item Base Data.
  2. Select Item Fiscal Data.
  3. Click the New icon.
  4. Specify this information:
    Item Fiscal Data

    Specify the item’s NCM code based on the codes provided by the government.

    Description

    Provide a description for the Item Fiscal data.

    Item Utilization

    Select the usage of the item. Item’s utilization can be any of the following:

    • Industrialization

    • Resale

    • Item Usage

    • Fixed Asset

    • Industrialization of Third

    • Item Return

    • Freight

    Fiscal Classification

    Search and select the item’s taxable nature. Click OK.

    CEST

    Search and select a CEST code. Click OK.

    Goods Origin

    Select the goods origin. Taxation origin of the products can be classified according to the Table of Origin of Goods and Services:

    • (0) National - except those specified in codes 3, 4, 5, or 8

    • (1) Foreign - direct import

    • (2) Foreign - acquired in the domestic market, except as indicated in code 7

    • (3) National - with imported content of more than 40% and less than or equal to 70%

    • (4) National - where the production is compliant with local production rules

    • (5) National with imported content of less than or equal to 40%

    • (6) Foreign – direct import, does not have similar in the domestic market, and belongs to CAMEX list and natural gas

    • (7) Foreign - acquired in the domestic market, does not have similar goods in the domestic market and belongs to CAMEX list and natural gas

    • (8) National - with imported content of more than 70%

    FCI Control

    Select whether item is used to report FCI (Content Import Form). Depending on the nature of item, select Yes if item is a manufactured item or No for purchased items. Purchase Generate FCI applies to purchase items which are used for manufacturing.

    NBS Code

    Search and select the item code which relates to Services.

  5. Click the Save icon.