Can anyone clarify what these Commingling VAT charges are?
We use Commingling Inventory and have recently activated PAN EU
The charges seem to cancel each other out, receive once credit and debit but there are two that have stood out.
UK Marketplace credit of 1.67 - same transaction debit of 2.04 in Italy
(Zero Rated in UK product/VAT rated in Italy) UK Marketplace credit of 0 - same transaction debit of 4.63
I have attached screenshots
Hope the above makes sense, if anyone could shed some light on what these charges are. As far as I am concerned commingled inventory means an inventory swap, there would be financial transaction involved and who are we paying VAT to?