Change in service tax

[Former Member]

Hi friends,

We have Sales Order with periodic billing plans. The billing is against sales orders. With the change in service tax what should be done for orders already created. The orders have tax at 12%. Now for some of the billing lines after 24th feb the billing has to be done at 10%. How can i tackle these cases. Please advise.

Sanjay

[Former Member]

Hi Sanjay,

You can follow as mentioned by Rithvika, but if the invoice is already done/invoiced, you need cancel the invoice VF11 and should perform as mentioned in the contract.

regards

[Former Member]

hi

first maintain the condition record for service tax as 10%

now goto VA42 and enter u r contract adn now select u r billing plan and then goto conditions tab

now click on update u will get options select B or as per u r requirement

now they will change automatically

regards

[Former Member]

26/2/2009

Thanks Rithvika, condition records are maintained with the right period i.e upto 23rd feb 12% and from 24th as 10%.

No contracts involved, the flow is Sales Order --> Billing.

When I create a Sales order with contract start and end date before 23.02 it still takes 10% instead of 12% as per validity period. Any advise.

For existing orders i think i will have to terminate the contract period of Sales orders.

Any suggestions.