BLOCK K

It is a new obligation imposed on industrial establishments, similar entities, and wholesalers under the terms of the Tax on Industrialized Products (RIPI). Control by Tax Authorities of inventory and production, in a quantitative way, as these records do not include information on values. Its frequency is monthly. With this new tax obligation, it will not be possible to issue the invoice with an amount lower than the sales price, as well as altering inventory data. One positive aspect is that proper inventory control will collaborate to increased productivity as well as providing quickly and safely an overview of all company processes, reducing potential costs and waste of materials.