VAT exemption reason text

A textual statement of the reason why the line amount is exempted from VAT or why no VAT is being charged

About

Id
SB-IBT-185
Cardinality
0..1
Element
cbc:TaxExemptionReason
Namespace
urn:oasis:names:specification:ubl:schema:xsd:CommonBasicComponents-2
Section
Aligned
Business Term
IBT-185 - VAT exemption reason text

Rules

Identifier Message
IBR-SR-32 [ibr-sr-32]-VAT exemption reason text (ibt-120) MUST occur maximum once.
IBR-SR-38 [ibr-sr-38]-Invoiced item tax exemption reason text (ibt-185) MUST occur maximum once