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Form 100. Personal Income Tax Declaration 2019

Purchase, Inventory Variation and Other Operating Consumption

Stock purchases

It includes the supply of merchandise and raw materials at their acquisition price.

The acquisition price will include the price stated in the invoice plus all additional expenses that occur until the goods are in warehouse, such as transportation, customs, insurance, etc.

The production cost of the products manufactured by the company itself will be determined by adding to the acquisition price of the raw materials and other consumables, the costs directly attributable to the product, as well as the reasonably corresponding part of the indirect costs incurred during the process. of manufacturing.

Variation of existences

The variation in inventories is the difference that exists between the initial and final inventories of the accounting year, valued at their acquisition price. Thus, when the valuation of initial inventories is greater than the valuation of final inventories, this variation must be reflected as an expense.

Other operating consumption

The consumption in the exercise of other supplies (other than merchandise and raw materials) intended for the production process or used in the provision of services (incorporable elements and assemblies, fuels, spare parts, various materials, containers, packaging, office supplies) would be included. ...).

  • Incorporable elements and assemblies are understood to be those normally manufactured outside the company and acquired by it to incorporate them into its production process without subjecting them to transformation.

  • In the case of fuels, only the consumption of energy materials that can be stored will be included.

  • Spare parts are parts intended to be assembled in equipment or machine installations to replace similar ones.

  • Miscellaneous materials are understood to mean other consumer materials that must not be incorporated into the manufactured product.