Friday 25 December 2020

Chapter 36: Oracle Fusion Tax Implementation

Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.

Rule Code: Local 5% SGST Tax Rule
Rule Code: Local 5% SGST Tax Rule
Tax Regime Code: INDIA GST1
TAX: INDIA SGST
Tax Determining Factor Set Code: LOCAL 5% DETER FACTOR SET
Tax Condition Set Code: LOCAL 5% CONDITION SET
Result: Applicable
New Condition Set Code :1

Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.
Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.

Tax Condition Set Code: LOCAL 5% CONDITION SET

Result: Applicable

New Condition Set Code :1 

Click Save and Next.

Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.
Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.
Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.
Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.

Click on Submit.

Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.
Creating Tax Rule for Tax Classification Code ‘Local 5%’ under SGST Tax.





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