Hi Friends
Can we group the tax codes?
For example
The following input tax codes are to be in Group 1
01 Pur - VAT 4 % CENVATable
02 Pur - VAT 4 % Non CENVATable
03 Pur - VAT 12.5 % CENVATable
04 Pur - VAT 12.5 % Non CENVATable
And
The Following input tax codes are to be in Group 2
V1 Pur-Service Tax 10%
V2 Pur-Service Tax 10% of 33% + ED cess 2%
V3 Pur-WCT 2% + Service Tax 10% of 33% + ED cess 2%
V4 Pur-Service Tax 2.5% + ED cess 2%
V5 Pur-WCT 4% + Service Tax 10% of 33% + ED cess 2%
V6 FI- 0% Service Tax - Residual Items
Please give me the step by step config. for the same
Regards
Jai