Error: Tax code v8 in procedure TAXINJ is invalid (message no. FICORE704)

Hello Friends,

When i am doing the Production Order Settlement, their i have maintained the Production Order No., Posting period, settlement period and executed.Then after execution System is throwing the error,"Tax code V8 in procedure TAXINJ is invalid.(Message No. FICORE704).

Diagnosis: The tax code entered is not defined in the country for this company code.

Can you guys help me in solving this error.