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Former Member
Dec 07, 2007 at 05:34 AM

Tax Group

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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