|
|
|
|
|
|
S |
Old Code |
|
|
A |
= |
Mixed tax rate |
|
Code specifying that the rate is based on mixed tax. |
|
GS1 Description: Transaction includes item taxed at different rates. |
|
|
|
|
|
+++ |
AA |
= |
Lower Rate |
|
Tax rate is lower than standard rate. |
|
|
|
|
|
+ |
AC |
= |
Value Added Tax (VAT) not now due for payment |
|
A code to indicate that the Value Added Tax (VAT) amount which is due on the current invoice is to be paid on receipt of a separate VAT payment request. |
|
GS1 Description: The value added tax is not due for payment now. |
|
|
|
|
|
++ |
AE |
= |
VAT Reverse Charge |
|
Code specifying that the standard VAT rate is levied from the invoicee. |
|
GS1 Description: Code specifying that the rate is based upon the reverse charge VAT treatment which is always standard rate tax. |
|
|
|
|
|
|
E |
= |
Exempt from tax |
|
Code specifying that taxes are not applicable. |
|
GS1 Description: All items in the transaction or a specific line item are exempt from tax. |
|
|
|
|
|
|
G |
= |
Free export item, tax not charged |
|
Code specifying that the item is free export and taxes are not charged. |
|
|
|
|
|
|
H |
= |
Higher rate |
|
Code specifying a higher rate of duty or tax or fee. |
|
GS1 Description: All items in the transaction or a specific line item are taxed at the higher rate of tax. |
|
|
|
|
|
+ |
O |
= |
Services outside scope of tax |
|
Code specifying that taxes are not applicable to the services. |
|
|
|
|
|
|
S |
= |
Standard rate |
|
Code specifying the standard rate. |
|
GS1 Description: All items in the transaction or a specific line item are taxed at the standard rate of tax. |
|
|
|
|
|
|
Z |
= |
Zero rated goods |
|
Code specifying that the goods are at a zero rate. |
|
GS1 Description: All items in the transaction or a specific line item are zero tax rated. |
|
|
|
|
|