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Former Member

Doubt about Tax code

Hello Sd Gurus,,

I have a doubt in taxation like

FI people create a tax code ...here we give normally about vat percentage...cst percentage...excise duties percentages...

in sd point of view also we create condition records .....why we maintain both sides...i am confusion about this point...

i know for taxes we assign a tax code in vk11 ....so whats the useful of this...

and i would like to know...what is the percentages of these things...

1 ) vat

2) cst

3) basic excise duty

4) educational cess

5) higher educational cess

6)additonal excise duty

7) special excise duty....

my another question is whats is additional excise duty...friends...

i have many question in tax...after clearing this doubt i will ask you friends....

Thanking for giving the answers.....

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1 Answer

  • Dec 07, 2011 at 08:24 AM

    You have asked for lot of information in one go.

    Anyways, for TAX CODE the following will be for some help.

    - ERP SD Wiki for [_Tax code and SAP SD_|http://wiki.sdn.sap.com/wiki/display/ERPLO/TaxcodeandSAPSD]

    VAT rate varies form STATE to STATE in India.

    Visit following Website for EXCISE Related info lik, BED, AED, SED , CESS, S CESS.

    - Official [Website for Central Board for Excsies & Customs|http://www.cbec.gov.in/cae1-english.htm]

    Regards

    JP

    One request. Please put some effort in searching for the topics you want to ask. And be specific to the queries as you were in TAX CODE realted query. Thanks

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