Creating Tax Rate Rule for Tax Classification Code ‘Local 12%’ under CGST Tax
Rule Code: LOCAL 12% CGST TAX RATE RULE
Rule Name: LOCAL 12% CGST TAX RATE RULE
Tax Regime Code: INDIA GST1
Tax: INDIA CGST
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% CGST
Tax Condition Set Code: LOCAL 12% DETER FACTOR SET
New Condition Set Code: 1
Result: 6% CGST
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Chapter 49: Oracle Fusion Tax Implementation |
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