Creating Tax Rate Rule for Tax Classification Code ‘Local 18%’ under CGST Tax
Rule Code: LOCAL 18% CGST TAX RATE RULE
Rule Name: LOCAL 18% CGST TAX RATE RULE
Tax Regime Code: INDIA GST1
Tax: INDIA CGST
TAX Status Code: STANDARD
Tax Determining Factor Set Code: LOCAL 18% DETER FACTOR SET
Tax Condition Set Code: LOCAL 18% DETER FACTOR SET
New Condition Set Code: 1
Result: 9% CGST
Tax Determining Factor Set Code: LOCAL 18% DETER FACTOR SET
Tax Condition Set Code: LOCAL 18% DETER FACTOR SET
New Condition Set Code :1
Result: 9% CGST
Click Save and Next.
Click Submit.
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| Chapter 51: Oracle Fusion Tax Implementation |
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