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Tax codes explanation..?

hI ALL

can any body explain me , what is diffrence between VAT or CST deductible and VAT or CAT non deductible in Any tax codes ..

Pls explain me clearly from basics abt the VAT or CST...

Thanks

sap-mm

Former Member
Former Member replied

Hello

Regarding VAT and CST what do you need , please clearly tell me

VAT : It may be Deductable or Non Deductable

For some of the items we can availe the credit from Government ie Deductable

Non Deductable means it is adding to the material cost

It will be there in some of the states

CST : In case of CST it is non deductable

Whatever the CST percentile as per the state govt rule the total CST is adding to the material Cost .

Please try to create the condition types accordingly , in case any doubt pls revert back

rgds

Surya

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