MM

[Former Member]

Dear all

we have already tax code used in local purchase 1421 and 12.5 VAT

I want to create new tax code for local purchage in which i want to add SPECIAL DUTY /ADDITIONAL DUTY

14% ED, 2% EDU CESS, 1% SEC EDU CESS, 4%SED(SPECIAL DUTY) and 12.5%VAT

Please give steps up to assignment in FINANCE

[former_member529134 · Accepted solution]

Hello

Before creating the tax code make sure that you have the condition type for additional ta xin your tax procedure.If not Define new Condition Types for Additional Tax by copying from the existing Condition Types.

tax code creation

Goto FTXP

Give your country code and give the tax code and description and tax category as input/output/all categories allowed.

Then save the tax code and assign it to your company code in

SPRO - logistics general - tax on goods movement - india - determination of excise duty - condition based excise determination - assign tax code to company code.

If you are using TAXINN

Goto FV11 and maintain condition record for that condition type

IF TAXINJ

Maintain the tax percentage in FTXP for that condition type in the taxcode.

Regards

[former_member192897]

Go to FTXP Trxn code and Give the Follwing Input :

Tax Code

Country

Jurisdiction code (If available)

Tax code Description

Tax type ( Input / Output)

And Maintain Tax % against Condition type and after Completing the Procedure Assign tax Determination in OB40 for the Relevant Account Key.