INVOICE document – Items subject to REVERSE CHARGE
From Monday 2 May, the Legislative Decree number 24/2016 regarding Reverse Charge or VAT Reversal on game consoles, tablet PCs, laptops and integrated circuit devices will enter into force.
The new regulation supplements the DPR 633/1972, introducing specific tax obligations also for new categories of products.
As reported in the regulatory text, in Article 17, the Reverse Charge mechanism applies:
letter b) to the sale of terminal equipment for the public terrestrial radio communication service subject to the tax on government concessions as per article 21 of the tariff annexed to the Presidential Decree of 26 October 1972, no. 641, as replaced, finally, by the decree of the Minister of Finance 28 December 1995, published in the Official Gazette no. 303 of 30 December 1995;
letter c) to the sale of game consoles, tablet PCs and laptops, as well as to the sale of integrated circuit devices, such as microprocessors and central processing units, carried out before their installation in products intended for the final consumer.
To allow the correct compilation of EDI Invoices (INVOIC flows), a new exemption code "A05" has been adopted to be used (in the TAX and VAT records) to identify the sale of goods referred to in the previous ART. 17 paragraph 6 letter B.
This code must therefore be added to the pre-existing "A03" relating to the sale of goods of which always in the previous ART. 17 paragraph 6 letter C.
From the foregoing it follows that, in the EDI flows, the sale of mobile phones must be identified using the code "A05", while, for all other devices (referred to in letter C of Article 17 paragraph 6 of DPR 26/10 /72 n.633), the code "A03" must be used.
The details are contained in the updated manual, available in the Members Area of the Ediel site, section "EDI Standard" page "EDI Handbooks".-