on 11-03-2011 1:18 PM
HI Friends
question w.r.t WTH tax codes
WTH Section 195 - Foreigh Nationals - 20% (base) , 2% (E Cess), 1% (S H Cess)
if Foriegn nationals do not posses PAN Carnd Number, then 30% rate needs to be applied
all the settings are done
now a Foreign National Vendor master is created, w/o pan card and wth Tax code 30% is assigned in vendor master
Now if we book the Invocie for Foreign Nationals, we get error than PAN card not mainatined
But these kind of errors are not happening for other withholding sections, like example
194 C- 1% for contrartors
if the contractor does not have PAN Card number means rate 20% applies
in this case the vendor master created the WTH tax code for w/o pan card and system calculates the 20% correctly
but this is not happening with withholding section195 - foreign nationals
please can any one clarify
Thank you and Kindest regards
Srikaanth
HI srikanth,
Please follow and apply the below list of notes to PAN validation issues.
1598710 1595017 1582479 1563817 1512388 1472171 1466374 1462596
1460058 1459998 1455092 1454725 1454242 1454115 1446746
Regards
Madhu M
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