Chapter 55: Oracle Fusion Tax Implementation

Creating Tax Rate Rule for Tax Classification Code ‘Other State Purc 12%’ under IGST Tax

Rule Code: OTHER STATE PURC 12% TAX RATE R

Rule Name: OTHER STATE PURC 12% TAX RATE R

Tax Regime Code: INDIA GST1

Tax: INDIA IGST

TAX Status Code: STANDARD

Tax Determining Factor Set Code: OTHER STATE PURC 12% DETER FACTOR SET

Tax Condition Set Code: OTHER STATE PURC 12% CONDITION SET

New Condition Set Code: 1

Result: 12% IGST

Like previous posts for ‘OTHER STATE PURC 5% TAX RATE R’, we need to create the Tax Rate rule for ‘OTHER STATE PURC 12% TAX RATE R ‘ under IGST Tax. So, we are not sharing the screen shot that.

Creating Tax Rate Rule for Tax Classification Code ‘Other State Purc 18%’ under IGST Tax

Rule Code: OTHER STATE PURC 18% TAX RATE R

Rule Name: OTHER STATE PURC 18% TAX RATE R

Tax Regime Code: INDIA GST1

Tax: INDIA IGST

TAX Status Code: STANDARD

Tax Determining Factor Set Code: OTHER STATE PURC 18% DETER FACTOR SET

Tax Condition Set Code: OTHER STATE PURC 18% CONDITION SET

New Condition Set Code: 1

Result: 18% IGST

Like previous posts  for ‘OTHER STATE PURC 5% TAX RATE R’, we need to create the Tax Rate rule for ‘OTHER STATE PURC 18% TAX RATE R ‘under IGST Tax. So, we are not sharing the screen shot that.

Creating Tax Rate Rule for Tax Classification Code ‘Other State Purc 28%’ under IGST Tax

Rule Code: OTHER STATE PURC 28% TAX RATE R

Rule Name: OTHER STATE PURC 28% TAX RATE R

Tax Regime Code: INDIA GST1

Tax: INDIA IGST

TAX Status Code: STANDARD

Tax Determining Factor Set Code: OTHER STATE PURC 28% DETER FACTOR SET

Tax Condition Set Code: OTHER STATE PURC 28% CONDITION SET

New Condition Set Code: 1

Result: 28% IGST

Like previous posts for ‘OTHER STATE PURC 5% TAX RATE R’, we need to create the Tax Rate rule for ‘OTHER STATE PURC 28% TAX RATE R ‘ under IGST Tax. So, we are not sharing the screen shot that.