New VAT Cess introduced in Kerala state - India

[Former Member]

Dear Sir,

There is a new VAT Cess of 1 % introduced in the state of Kerala- India effective today.

Can you please guide how to handle the same in pricing? Also if there are any SAP notes available for the same.

Thanks & regards,

Tajudeen

[Former Member · Accepted solution]

Hi,

Create new condition type for VAT cess and add to your pricing procedure, this 1% should caluculate on VAT %, if you are using TAXINN create a new condition record valid from today.

If you are using TAXINJ please create new tax code and then maintain condition record for the same. see that this condition type must exist in both tax procedure and pricing procedure. first check in development if it works fine then go futher. Also you have to create seperate G/L account for this and account key assign this to ur G/L account in OB40, maintain account key in OBCN.

Regarding SAP Notes for this i am not sure just find out with SAP raise a query.

Reward if helped you.

Bye

Anil

[Former Member]

Hi,

Before being able to maintain tax code in FTXP, you will have to go to tcode OBZT and define a tax code relevant for such provision.

Only after that you can assign that as in VK11.

regards,

Siddharth.

[Lakshmipathi]

Dear Tajudeen

Create a new tax code in FTXP and assign the same in VK11 / UTXJ.

thanks

G. Lakshmipathi