What is excise duty number in SAP IS-BEV - SAP Beverage?

SAP Term: excise duty number

• Component: IS-BEV

• Component Name: SAP Beverage

• Description: Proof of authorization for participation in the duty suspension procedure. The structure the excise duty differs in each EU member state.

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• Key Concepts: 
  Excise duty number is a unique identifier assigned to a company by the government for the purpose of tracking and collecting excise taxes. It is used in the IS-BEV SAP Beverage Industry Solution to identify the company that is responsible for paying the excise taxes. 
  
  How to use it: 
  The excise duty number is used in the IS-BEV SAP Beverage Industry Solution to identify the company that is responsible for paying the excise taxes. The excise duty number must be entered into the system when creating a new customer or vendor record. This information will then be used to calculate and track the excise taxes due. 
  
  Tips & Tricks: 
  It is important to ensure that the excise duty number is entered correctly into the system, as this will ensure that the correct amount of taxes are calculated and paid. It is also important to keep this information up-to-date, as changes in tax rates may require changes to the excise duty number. 
  
  Related Information: 
  The IS-BEV SAP Beverage Industry Solution also includes other features related to excise taxes, such as tracking and reporting of tax payments, and automatic calculation of tax amounts due. For more information on these features, please refer to the IS-BEV SAP Beverage Industry Solution documentation.