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Former Member

GST Implementation Power Industry

We are doing the POC for our client XXXXX where most of the input taxes are inventorized. We already implemented wave1 and wave 2 notes in SAP successfully as provide by SAP. All the fields are enabled to serve the GST process except business place in line item level. Business Processes are identified from procurement end though it is not verified by client.

After reaching at this stage, we need expert’s opinion regarding following points from the eyes of XXXX.

  • 1.Why GL A/C should be assigned the Business place
  • 2.How many Vendor Master should be created if the vendor has presence in two different states with two different GST numbers?
  • 3.How many tax codes, we will create for particular GST percentage?
  • 4.Is it mandatory to maintain HSN/SAC code for Power Industry from GST LAW angle?
  • 5.Why Business place will come in line item level.
  • 6.Provide the solution for RCM in GST scenario.

Regards,

David Kanchan Bera

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