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author's profile photo Former Member
Former Member

Change in CST form 3% to 2%

Hi,

Our Company has recently go-live with MySAP-ECC-6.0 & TAXINN.

The Govt of India changed CST form 3% to 2% recently.

I have two options to change the same.

a) By Creating New Tax Code -- this is OK with New PO but what to do with existing PO.

b) IN FV12 by changing 3% to 2% but It changes the Tax Rate for existing PO also & crerate the problem with existing pending MIRO ( as system throw 2% CST IPO 3% for old GR also ).

Please give your expert view on above.

Regards

Shyam Kogta

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    author's profile photo Former Member
    Former Member
    Posted on Jun 18, 2008 at 08:12 AM

    Hello,

    I'd suggest to create a new tax code and assign 2% to it.

    Coz, you may be having Open Invoices raised earlier with 3% rate. You may receive the payment now. So there shuld not be any prblm with this change as you'd create a new tax code.

    Hope this helps

    Rgds

    Rajendra

    Pls assign points if useful.

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