Tax Code

[Former Member]

Dear All,

My question is regarding Tax Code.I need to know that if I maintain the tax code by mentioning the name & description w/o enter the BED , ECess,SECess and CST /LST , then would I get the BED / ECess/ SECess in the sales order from chapter ID or not ?

Plz suggest me.

Best regards,

Ankur

[Former Member]

Hi,

For every excisablematerial u have to maintain chapter id, also excise rates.Now coming to ur query regarding tax code, as u said ur using taxinj, if you are creating tax code in this if ur not giving any values in tax code for BED,Ecess,Hcess,CSt/VAt. then u have to maintain condition records for each condition type. only in tax code give UTXJ 100%.

if ur not maintaing chapter id it gives u message at time of creating excise inv.

bye

Anil

[Former Member]

Dear Anil,

As per your reply,it means I can create order without chapter ID by getting all the excise rates through Tax Code but would not be able to create Excise Invoice without ChapterID.

Best Regards,

Ankur

[former_member204513]

Dear Ankur,

If you maintain the tax code by mentioning the name & description w/o enter the BED , ECess,SECess and CST /LST % for the specific Tax types you will not get the BED , ECess,SECess and CST /LST values in the sales order.

I hope this will help you,

Regards,

Murali.

[Former Member]

Dear Murali,

Thnks for the reply.Then what is the use of chapter id.

Best regards

Ankur

[former_member204513]

Dear Ankur,

To get in to the use of % which is maintained in the Chapter Id ,you need to maintain 100% in the Tax code maintanence for the specific tax type.

I hope this will help you,

Regards,

Murali.

[Former Member]

It means if we maintain excise rates in the tax code and dont maintain the chapter ID then all the excise rates will be picked in the sales order.

Best regards,

Ankur

[former_member204513]

Dear Ankur,

You need to maintain the Excise rates in the chapter ID Like 14%,2% and 1%

At the same time you also need to keep 100% in the Tax code maintanence for the BED and Cess condition types.

I hope this will help you,

Regards,

Murali.

[Former Member]

It means Excise rates can only picked by maintaining both Tax Code & Chapter ID.

Can I expect for CST & LST also ? If I maintain the rate in tax code only then it would be picked in the sales order.

Best regards,

Ankur

[Former Member]

Hi

Bed , ecess and he cess are not determined from the chapter id

they are determined from condition records

while creating condition records in vk11 we need to give tax code

let us know whic procedure u r using

taxinn or taxinj

regards

[Former Member]

Hi Rithvika ,

Thnks for the reply.We are using TAXINJ,then what is the role of chapter Id.

If I dont maintain all the excise rates in the tax code,then what would be the affect in the sales order?

Best regards,

Ankur