Post by asadul5585 on Feb 21, 2024 21:42:27 GMT -6
Failure to issue an invoice can result in fines, seizure of goods, suspension or cancellation of the taxpayer's registration and, in more serious cases, lead to the person responsible being imprisoned for up to five years! The document is mandatory in all commercial transactions in Brazil, and failing to issue it makes it difficult to prove companies' operations, prevents consumers from accessing their rights, in addition to hindering the collection and inspection of taxes. Don’t think that this is just an “innocent way” to cut costs and dodge paperwork, because what’s cheap ends up being very expensive. If you want to have a transparent business, operating safely, and avoid unnecessary headaches with the Federal Revenue Service, continue reading this article, understand which companies are required to issue an Invoice and much more! Is the Invoice issuance process mandatory? Yes! Every company is obliged to issue invoices when buying, selling or providing services.
This is what Law 8,846/94 says , which also guarantees every consumer the right to receive the Invoice, and no establishment, for any reason, should omit it. The only exception to this rule are Individual Microentrepreneurs (MEIs), who must issue the receipt only when they carry out sales or provision operations for other companies and not for individuals. When selling Kuwait Mobile Number List or providing services to individuals, the issuance of the note by MEIs is optional, unless the customer requires the document. And don't be fooled! Even if you don't have a CNPJ yet, be aware that individuals can also – and, sometimes, even must – issue NF . In this case, whoever provides a service or makes a sale will need to use the separate invoice . What to do when the company does not issue an invoice? If the entrepreneur refuses to issue the Invoice to the customer, the consumer can file a complaint with Procon in their region or with the ombudsman's office of the Finance Department (Sefaz) in the city where the company is headquartered.
Access to the document is a right provided for in the Consumer Protection Code, and the customer who does not have access to the document can even claim it in court. Why issue an invoice? The Invoice is legal proof for all commercial transactions involving goods and services in Brazil, protecting both entrepreneurs and their customers in the event of legal problems or future disputes, which is why it must be issued. Furthermore, the NF shows, in detail, the product that was purchased or the service contracted, how much it cost and who the parties involved in the transaction were, thus helping the company to keep its financial records organized, facilitating accounting and payment of taxes. In fact, it is essential to collect taxes relating to each type of operation , since the NF is the way that the Revenue has to monitor and control the flow of goods sold and services provided in the country. Finally, keeping up with the tax authorities also contributes to the transparency and credibility of your business, showing customers that it is trustworthy, honest and safe.
This is what Law 8,846/94 says , which also guarantees every consumer the right to receive the Invoice, and no establishment, for any reason, should omit it. The only exception to this rule are Individual Microentrepreneurs (MEIs), who must issue the receipt only when they carry out sales or provision operations for other companies and not for individuals. When selling Kuwait Mobile Number List or providing services to individuals, the issuance of the note by MEIs is optional, unless the customer requires the document. And don't be fooled! Even if you don't have a CNPJ yet, be aware that individuals can also – and, sometimes, even must – issue NF . In this case, whoever provides a service or makes a sale will need to use the separate invoice . What to do when the company does not issue an invoice? If the entrepreneur refuses to issue the Invoice to the customer, the consumer can file a complaint with Procon in their region or with the ombudsman's office of the Finance Department (Sefaz) in the city where the company is headquartered.
Access to the document is a right provided for in the Consumer Protection Code, and the customer who does not have access to the document can even claim it in court. Why issue an invoice? The Invoice is legal proof for all commercial transactions involving goods and services in Brazil, protecting both entrepreneurs and their customers in the event of legal problems or future disputes, which is why it must be issued. Furthermore, the NF shows, in detail, the product that was purchased or the service contracted, how much it cost and who the parties involved in the transaction were, thus helping the company to keep its financial records organized, facilitating accounting and payment of taxes. In fact, it is essential to collect taxes relating to each type of operation , since the NF is the way that the Revenue has to monitor and control the flow of goods sold and services provided in the country. Finally, keeping up with the tax authorities also contributes to the transparency and credibility of your business, showing customers that it is trustworthy, honest and safe.
