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TAX CLASSIFICATION

Former Member
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Hi,

We can see the Tax classification fields in customer master and Material master JTX1, JTX2, JTX3,JTX4....as per my Knowledge

JTX1 for Excise duty

JTX2 for sales tax-LST

JTX3 for sales tax-CST

JTX4 for Cess.........Plzz correct me if iam wrong.

Plzz elbrote me with Example

Regards

Dev

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
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JTX1, JTX2, JTX3,JTX4 are default Tax Condition type for which Tax Classification requires to be maintained. However through configuration in Account Group, it can be made optional.

These Tax Classification can also be used to maintain Condition record for pricing.

Regards,

Rajesh Banka

Former Member
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Dear Maruti

Maintain one tax category say JTX1 & tax classification 0 (nil tax), 1 (half tax) 2 (full tax). So in matl master or cust master you can find one tax category with 0,1,2 as tax classifcations

You can find config in SPRO S&D, Basic functions, Taxes

Define Tax determination Rules - Assign tax category to the country( JTX1 to IN)

Define Tax relevancy for Master records. Maiantain the tax category JTX1 for customer & material (0,1,2)

These are the basic settings

Regards

Deepu Pillai

Former Member
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Hi,

Thanks for your reply..........