TCS in Scrap Pricing procedure

[Former Member]

Hello Experts

I need to Configure (insert) TCS C.Type (with Cess, ECess) in the client's Scrap Pricing procedure. I undestand that we need to configure Withholding tax type for this. Pls advise me, on what exact value is TCS,Cess & Ecess calculated upon?

Thanking you for your time.

Rgds

Sumanth.Gururaj

[Former Member]

Can you post the link which has the appropriate answer to this query?

[former_member187989]

Subject is widely discussed in various threads,pl search forum,if you have any specific queries,please post it here.

Refer SAP Note 1168591 - Tax collected at Source (TCS) u/s 206C for sales in India

[Lakshmipathi]

It should be calculated on Base Price + BED + ECess + Tax

thanks

G. Lakshmipathi

[Former Member]

Hello Dear,

TCS should be calculate on sum of - Material cost + Excise Duty + Edu.Cess + Higher Edu cess + Tax (VAT/CST)

you can create new condition type & assign it in pricing procedure.

Thanks.

Santosh Gawali