Creating Tax Conditions Sets for each Transaction Tax Classification Code
Go to ‘Manage Tax Condition Sets’ and Click on the ‘+’ icon to create the Tax Conditions Sets.
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| Creating Tax Conditions Sets for each Transaction Tax Classification Code |
Click on the ‘+’ icon to create the Tax Conditions Sets.
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| Creating Tax Conditions Sets for each Transaction Tax Classification Code |
Creating Tax Condition Set for Tax Classification Code ‘Local 5%’
Tax Determining Factor Set Code: LOCAL 5% DETER FACTOR SET
Tax Condition Set Name: Local 5% Condition Set
Tax Condition Set Code: Local 5% Condition Set
Tax Regime Code: INDIA GST1
Tax Determining Factor Class: ‘Transaction input Factor’
Tax Determining Factor Name: ‘Tax Classification Code’
Value: Local 5%
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| Creating Tax Conditions Sets for each Transaction Tax Classification Code |
Creating Tax Condition Set for Tax Classification Code ‘Local 12%’
Tax Determining Factor Set Code: LOCAL 12% DETER FACTOR SET
Tax Condition Set Name: Local 12% DETER FACTOR SET
Tax Condition Set Code: Local 12% DETER FACTOR SET
Tax Determining Factor Class: ‘Transaction input Factor’
Tax Determining Factor Name: ‘Tax Classification Code’
Value: Local 12%
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| Creating Tax Conditions Sets for each Transaction Tax Classification Code |
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