Maintaining data in Item Fiscal
This session is not required if not operating in Brazil.
- Expand Master Data applications > Item Base Data.
- Select Item Fiscal Data.
- Click the New icon.
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Specify this information:
- Item Fiscal Data
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Specify the item’s NCM code based on the codes provided by the government.
- Description
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Provide a description for the Item Fiscal data.
- Item Utilization
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Select the usage of the item. Item’s utilization can be any of the following:
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Industrialization
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Resale
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Item Usage
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Fixed Asset
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Industrialization of Third
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Item Return
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Freight
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- Fiscal Classification
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Search and select the item’s taxable nature. Click OK.
- CEST
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Search and select a CEST code. Click OK.
- Goods Origin
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Select the goods origin. Taxation origin of the products can be classified according to the Table of Origin of Goods and Services:
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(0) National - except those specified in codes 3, 4, 5, or 8
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(1) Foreign - direct import
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(2) Foreign - acquired in the domestic market, except as indicated in code 7
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(3) National - with imported content of more than 40% and less than or equal to 70%
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(4) National - where the production is compliant with local production rules
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(5) National with imported content of less than or equal to 40%
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(6) Foreign – direct import, does not have similar in the domestic market, and belongs to CAMEX list and natural gas
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(7) Foreign - acquired in the domestic market, does not have similar goods in the domestic market and belongs to CAMEX list and natural gas
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(8) National - with imported content of more than 70%
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- FCI Control
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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
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Search and select the item code which relates to Services.
- Click the Save icon.