I have scenario in my project for pipeline gas procurement:
The pricing is followed as below:Base Price 7,36,39,650.00 Additional Charges 29,45,586.00 Rebate -1,36,74,397.84 Mktg Margin 13,98,000.00 Mktg Margin Rebate -2,49,614.78 Transmission Charges 70,06,532.99 Service Tax @ 12% on TC 8,40,783.96 Edu. Cess @2% 16,815.68 HEdu Cess @1% 8,407.84 Sub Total exclusive of Edu Cess & HECess 7,19,06,540.33 VAT 5% on sub total 35,95,327.02 Additional VAT@ 5% on sub total (Creditable) 35,95,327.02
Note: 1. Exclusive of Additional VAT all the components are loaded to material cost
2. TDS needs to be deducted on the Transmission charges + service Tax + edu. cess + Hedu. Cess
Can some help me out how to configure this?
Thanks and Regards,