Tax Code Problem for Capital Purchase
I have one Tax Code of Excise + CST@2% in which I inventories / capitalise the CST portion.
When I use this tax code for normal inventory item , it works fine but when I use it for Fixed asset item, it post the CST portion to Sundry round off GL account.
About tax code - Excise + CST@2% , CST is 100 % Non-deductible.
Please explain me the reasons.