TAXINN and TAXINJ

[former_member331858]

Hi,

Pls explain me what is TAXINN and TAXINJ, also what is the difference between them.

Regards,

S.Vijay

[former_member331858]

thanks

[Former Member]

Hi,

Basically TAXINJ is percentage based tax procedure & TAXINN is condition based tax procedure.

When the tax rate changes, it will be easy to change in TAXINN tax procedure, where we can add or delete or change the condition records.

Refer the below links, i believe these will be much helpful for you.

Regds,

CB

[BijayKumarBarik]

Hi,

TAXINJ and TAXINN procedure has thin line difference in between. In TAXINN procedure is condition based & TAXINJ is formula based.

In TAXINN procedure, you can create tax code in FTXP & maintain tax rate for condition types basic excise duty,edu cess , H. Edu cess,VAT/CST in FV11 t.code .Otherwise you can maintain tax rate with respective condition types in FTXP during creation of tax code. But you should maintain condition record in FV11 t.code for condition types JMX1 & JMX2 are as 100%.

In TAXINJ procedure is formula based, where you can find Routine ( selection with logic in line of condition type) are play vital role in tax calculation .

Regards,

Biju K

[former_member329706]

Both are Indian tax pricing procedure.

1.TAXINJ-Is Formula based pricing procedure-The tax amount will be calculated based on Tax amount maintained in J1ID(Chapter ID) were as,

2.TAXINN-Is condition based pricing procedure-the tax amount will be calculated based on condition records maintained in FV11(With what ever predified key combinations)

Hope this may help you.

BR,

Patil