Chapter 31: Oracle Fusion Tax Implementation

Creating Tax Determining Factors for Tax Classification Code ‘Other State Purchase 28%’

Tax Determining Factor Set Code:  Other State Purc 28% Detr Fact

Tax Determining Factor Set Name:  Other State Purc 28% Detr Fact

Tax Regime Code: INDIA GST1

Determining Factor Class: ‘Transaction input Factor’ 

Determining Factor Name: ‘Tax Classification Code’

Chapter 31: Oracle Fusion Tax Implementation

Tax Determining Factor has been created for all taxes below taxes.

1. Local 5%    Local 5% Deter Factor Set

2. Local 12%  Local 12% Deter Factor Set

3. Local 18%  Local 18% Deter Factor Set

4. Local 28%  Local 28% Deter Factor Set

5. Other State Purchase 5%   Other State Purc 5% Detr Fact

6. Other State Purchase 12%  Other State Purc 12% Detr Fact

7. Other State Purchase 18%  Other State Purc 18% Detr Fact

8. Other State Purchase 28%  Other State Purc 28% Detr Fact