ADD VAT @ 14.5% on 70% of order net value 50% of Service Tax @ 12.36% 0n 60% of net value

[Former Member]

Hi Gurus,

Please provide some input achieving below scenario.

ADD VAT @ 14.5% on 70% of order net  value    50% of Service Tax @ 12.36%  0n 60% of net value

I want to add above tax details in Tax Procedure

Regards

Vijay

[Prasoon · Accepted solution]

Hi,

   Create new condition types (OBQ1) for 70% & 60 % of net value , with access sequence, say plant or company code. Now add the two conditions in the tax procedure just after calculated call, with from & to as the BASB step number and with statistical tick mark. Add new condition type, if required for the vat on 70% and ST 0n 60%, with from & to as step number of condition type for 70% or 60% as per requirement.

   Create a new tax code. Now maintain the condition record for the new condition types as 70% and 60% respectively as per requirement. Also create the condition records for VAT/ST condition types.

Hope the concept is clear and its helpful. Revert back in case of any doubts.

Regards,

AKPT

[Former Member · Accepted solution]

Hi ,

Thanks For your quick response ,how to achieve 50 % St On 60 % net value .

Regards

G.vijay kumar

[Prasoon · Accepted solution]

Hi,

Option 1: Include the ST condition type in tax procedure with from & to as step number of the condition type for 60% of net value. Now, Maintain the condition record for the ST condition type as 6.18 (50% of 12.36)

Option 2: Include a new condition type with access sequence as plant or company code and add it in tax procedure after the condition type for 60% of net value. Give the from & to as the step number of the condition type for 60% of net value. Add a new condition type for ST and give from and to as the step number of the above added condition type. Now maintain the condition record of the first condition type as 50% and ST condition as 12.36.

Hope its clear and helpful.

Regards,
AKPT

[Prasoon · Accepted solution]

Hi,

   Isuue solved?

Regards,

AKPT

[ajitkumar]

If you are using taxcodes and access sequence MWST or copy of that, the simplest way is to manipulate the percentage of tax,, say for vat instead of 14.5 you can maintain ( 14.5 x0.7) 10.15