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S/4HANA Public Cloud, what is the solution/process for Excise and Duty calculations?

Dhabir
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SAP S/4HANA Cloud Public Edition

I'm working with a spirits distiller/manufacturer in S/4HANA Public Cloud. They have both bonded and unbonded stock.

What is the excise and duty calculation process in S/4HANA Public Cloud to accurately calculate the tax and report it to UK HMRC government body?

Thanks.

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