on 12-01-2009 5:57 AM
Hi All,
Im using standard TAXINN procedure.
- Created a tax code M1 and assigned it to our company code.
- Created tax condition JMOP and maintained 8% in FV11
- Now when Im trying to maintain JEC2 (Education Cess on BED) as 2% it is giving the following error. Similar for all other conditions
"Tax indicator M1 has percentage rate 8,000
Message no. VK154"
How to proceed on this one. I hope I have given all the details.
Hi,
Check the acess sequence in Condition type, there is a work around for it, you can set a deletion flag for JMOP , then enter duty rates for JEC2 and again remove deletion flag for JMOP, this way it will work.
Regards,
Vikas
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi
Have you maintained the setoff percentage, if not, kindly maintain the same
ED: Condition type: JMX1 as 100 %
E. Cess on ED : COndition Type: JEX1as 100%
H.cess on ED: Condition Type: JHX1 as 100%
And then maintain other excise condition type
Regards
Prasanna
Edited by: Prasanna Raju on Dec 1, 2009 11:41 AM
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
99 | |
11 | |
11 | |
6 | |
6 | |
4 | |
4 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.