- ALFA S p A is a beverage company in Italy
- ALFA sells bottled water and manages returnable packaging
- ALFA charges customers a deposit for returnable packaging
- The deposit is excluded from VAT
- ALFA sends monthly reports to customers detailing returnable packaging delivered
- If returnable packaging is not returned within 12 months ALFA issues an invoice to the customer
- The invoice includes a 22 percent VAT rate for all non returned returnable packaging except for used wooden pallets which are subject to reverse charge VAT
- If ALFA cannot issue an invoice to the customer it issues a self invoice with VAT applied to all returnable packaging including used wooden pallets
- ALFA uses two price lists a deposit price list and a mercurial price list
- The deposit price list is used for the deposit charged to customers
- The mercurial price list is used for the value of the packaging
Source: agenziaentrate.gov.it
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
