VALUE-ADDED TAX:

Value Added Tax is the tax that is charged on goods and services, levied at each stage of a supply chain. At every stage, a certain value (a small amount of the total tax) is added from the point of production to sales.

VAT in Doka :

“Value added Tax” - Separate fee types can be created by selecting the booking type as “V.A.T”. Also, the fee condition for this V.A.T can be defined separately in Maintaining Conditions.

If a particular fee booking type (i.e., charge, commission etc., except vat) is subject to V.A.T, then the respective VAT fee type code should be selected, along with the fee booking type.

Example:

If V.A.T has to be defined for Import LC Commission (LICX), create a fee type “LICXV” for V.A.T and select the same as VAT for LICX booking type. Also, create the default fee condition for V.A.T (i.e., for LICXV) as 20%. Thereby, when Import LC commission (LICX) is charged in a contract, VAT is calculated on the LICX commission amount and is then added as the VAT fee.
In the above example, if LICX is 1000 then V.A.T is 20% of the same, which is 200. Thereby both, the Import LC Commission and its V.A.T is calculated and charged in the contract.

V.A.T. Fee setup:

Define a fee type "LICXV" for “Value added tax (V.A.T/VAT)” in Maintaining Fees DBIFEE (How to Set up the Static Data Fee in DOKA SaaS?) (refer sample below).

Define a default condition for the V.A.T fee in Maintaining Conditions DBIFEC (How to Set up the Static Data Fee Conditions?) (refer sample below).

Add/link the V.A.T fee created to the required commission/charge fee type, which is subject to V.A.T.
Example: If Import LC Commission is subject to V.A.T, link the newly created V.A.T fee (LICXV) type to LICX (Import LC Commission) (refer sample below).

Input an Import LC contract to generate “Import LC Commission” and its “V.A.T”. Check the “Settlement panel” for the Import Commission and VAT being generated (refer sample below)