Hi experts,
In Local Purchase orders , user want to have the following duty structure
( a ) Gross Price
( b ) Add 14 % Excise Duty on Gross price
( c ) Add 2 % Cesss on ED
( d ) Add 1 % H & SE cess on E.D
The above values are already appearing thru tax code & J1ID updation
Now user want to levy 4 % additional duty on ( A + B + C + D ). Suppose value comes to E.
now CST @ 2 % will be imposed on ( A + B + C + D + E ).
How to calculate E value i.e addtional duty 4 % is a problem for us. Please guide us / provide solution.
Solution / Suggestion will be highly appreciated.
Regards,
( Rajneesh Gulati )