Im using standard TAXINN procedure.
- Created a tax code M1 and assigned it to our company code.
- Created tax condition JMOP and maintained 8% in FV11
- Now when Im trying to maintain JEC2 (Education Cess on BED) as 2% it is giving the following error. Similar for all other conditions
"Tax indicator M1 has percentage rate 8,000
Message no. VK154"
How to proceed on this one. I hope I have given all the details.