Service Tax & VAT Tax Calculation in different base amount

[former_member864728]

Base Value : 1000

Calculate Vat 14.5 %   = 40% Base amount

Calculate Service 12.36% = 75 % Base amount

Please suggest how to solve . its very urgent..............

[BijayKumarBarik]

Hi,

You can do it by development as you have formula for Service tax and VAT, as per formula you can design two routines ie….. one for routine  Service tax  & another routine for VAT . Assign
VAT routine  to VAT condition type and Service tax  routine to Service tax  condition type in your tax procedure(OBYZ)

Regards,

Biju K

[jobis]

Hi Murali,

Even by using 2 new condition types in your pricing procedure, u can achieve this.

Capture the 40% of the base price to one new condition type.

Capture the 75% of base price to the other new condition type.

use them as the base for your tax and service tax calculation (use 'from ' column in pri procedure).

Regards

Jobi

[Prasoon]

Hi,

   You may go through the attachment in the note:  1736781 - Service tax Legal changes for Abatements and Negative list  which addresses a similar requirement. You may use the same logic to achieve your requirement.

Regards,

AKPT

[former_member864728]

Please provide more details with example.