About Taxation

[Former Member]

Hi All,

Due to change in CENVAT recently, I have added the new rate Value setup for BED. In that table of Valid Period, i have given the new rate & new effective date.

Now, my problem is that I have made the GRPO with old rate & taken the credit with old rate of 14% before the new effective date but I also wants to AP invoice with old rates only.

If I copy the individual GRPO document to AP invoice, it copies the details of tax from base document but when I select multiple GRPO to AP invoice, it does not copy the tax details from the base document.

So, please help me in making the AP invocie with multiple GRPO with old rates.

Regards,

Abhishek

[Former Member · Accepted solution]

Abhishek,

Have you changed the % of BED in the exsisting tax code or you have created a new one.

If you have made the changes in the existing one then what is the effective date for defined?

If you have defined a new effective date then, the system will take the new rate if you are making a current entry. In your case as per my understandind, you want to create the AP Invoice for the old GRPOs. In this case you will have to post the invoice in a back date, the date which is prior to the effective date for the rate. Please try this, i believe this works.

Regards

Raj

Edited by: debraj bhattacharyya on Dec 12, 2008 8:48 AM

[Former Member · Accepted solution]

Hi,

No, I have created new 10% with effect from 8.12.08 keeping the old as it is.

Regards,

Abhishek

Edited by: Abhishek A on Dec 13, 2008 10:21 AM