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Changes for Excise duty 14%

Former Member
0 Kudos

Hi,

What are all the changes that has to be done for the New Excise duty 14% for the Tax Procedure TAXINJ...

Thanks & Regards

VASU

Accepted Solutions (1)

Accepted Solutions (1)

Lakshmipathi
Active Contributor
0 Kudos

Dear Vasu

Go to J1ID, select "Excise Tax Rate" and the required Chapter ID. Here maintain the "Valid From" date 01-03-08 and change the percentage to 14 and save.

Now effective this date (01-03-08) whatever invoice you generate, the revised excise duty will flow into your invoice.

thanks

G. Lakshmipathi

Answers (1)

Answers (1)

Former Member
0 Kudos

There are 2 options:

1. Create new tax codes with 14% Excise duty & required combination in FTXP

2. Change the Excise % to 14% in existing Tax Code in FTXP.

Regards,

Rajesh Banka

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