Creating Tax Rate Rule for Tax Classification Code ‘Local 12%’ under SGST Tax
Rule Code: LOCAL 12% SGST TAX RATE RULE
Rule Name: LOCAL 5% SGST TAX RATE RULE
Tax Regime Code: INDIA GST1
Tax: INDIA SGST
TAX Status Code: STANDARD
Tax Determining Factor Set Code: LOCAL 12% DETER FACTOR SET
Tax Condition Set Code: LOCAL 12% DETER FACTOR SET
New Condition Set Code: 1
Result: 6% SGST
Click Next.
Tax Condition Set Code: LOCAL 12% DETER FACTOR SET
New Condition Set Code :1
Result: 6% SGST
Click Next.
Click Submit.
Chapter 48: Oracle Fusion Tax Implementation |
Chapter 48: Oracle Fusion Tax Implementation
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