VAT/CST-Service tax calculation through FI

[Former Member]

Dear All,

We have TAXINN procedure with condition based. in this case how to caluclate output VAT/CST and service tax though finance (in t code FB70- f-22).

Is there any steps we need to take care through finance module.

Thanks in Advance,

Regards

Sahil K

[ravichandran_iyer · Accepted solution]

You can refer the following for Service Tax configuration

http://wiki.sdn.sap.com/wiki/display/ERPLO/ServiceTaxConfigurationinIndia+(SD)

For VAT, you'll have to configure Tax procedure, create Tax codes and maintain rates in them.

Ravi.

[Former Member]

Hi,

To post VAT/CST we need to create tax using FTXP t.code and assign percentage in that tax code. Tag relevant GL Accounts in OB40 for transaction keys.

For service tax calculation we need to do settings like withholding tax. assign those tax codes in the vendor master data.

Thanks,

Padmaja