input tax code

[Former Member]

Dear All

As mm consultant, i woud like to know how many input tax code are to be created for purchasing and other.

regard

nabil

[Former Member · Accepted solution]

HI,

1) Using T-code FTXP - Maintain Tax Code to be created and its description to be changed accordingly your tax structure then

2) Using T-code FV11 - Create Condition. In this t-code we have to create tax condition and give inputs tax code,percentage and SAVE.

After that, using t-code ME21N - Create Purchase Order item detail menu and the Invoice TAB, tax code field showing tax code with description as follows.

Tax Code Tax Description

A1 ED 10.3% & VAT Exempted

A2 ED 10.3% & VAT 0%

A3 ED 10.3% & VAT 1%

A4 ED 10.3% & VAT 4%

A5 ED 10.3% & VAT 4%+Gujarat-1%

A6 ED 10.3% & VAT 5%

A7 ED 10.3% & VAT 12.5%

A8 ED 10.3% & VAT 12.5% Addl 1%

A9 ED 10.3% & VAT 14%

AA ED 10.3% & VAT 14%, 1% Addl.VAT

AB ED 10.3% & VAT 14.5%

AC ED 10.3% & CST 0%

M1 ED Nil & CST 14% Without Form "C"

M2 ED Nil & VAT 5 %

M3 ED Nil & VAT 13.5%

M4 ED Nil & VAT 14.5%

M5 ED Nil & VAT 13%

M6 ED Nil & VAT Exempted

The above tax code, we have to assign GL in FICO module through consultant.

Hope, it is useful for you.

regards,

K.Rajendran

[Former Member · Accepted solution]

what are the common condition type for creating a tax.

regard

nabil

[Former Member]

HI,

COMMON CONDITION AS BELOW.

1) EXCISE DUTY (ED) CONDITION

JMOP

JMX1

JECP

JSEP

2) VAT CONDITION

JIPS

3) CST CONDITION

JIPC

4) SERVICE TAX CONDITION

JSVD

JEC3

JSE1

Hope, it is useful for you.

Regards,

K.Rajendran

[Former Member]

i am using taxinj procedure.

regard

nabil

[Former Member]

Hi,

Check below link:

[http://forums.sdn.sap.com/search.jspa?threadID=&q=TAXINJ&objID=f245&dateRange=last90days&numResults=15&rankBy=10001]

[]

SAM

[Former Member]

Dear

Also below link will help you

http://it.toolbox.com/wiki/index.php/SAP_CIN-MM_Customizing_For_Tax_Procedure-TAXINN

Regards

[Former Member]

Hi,

This is as per your business requirement.

If you want to capture the seperate line item of VAT /CST the keep as per the percentage applicable in the purchase.

Ex;

V1 ; 0 %

V2: 4%

V3 : 13.5%

V4: ..

CST:

C1: 2% against C form

C 2: 13.5 %

Like this will be the FI part.

and they will create in Obyz & OB40 then they will maintain in FTXP.

V0 Nil Duty Nil Tax

V1 Purchase - Vatable - 4%

V2 Purchase - Vatable - 5%

V3 Purchase - Vatable - 12.5%

V4 Purchase - Vatable - 14.5%

S1 Service Tax 10.3%

A0 Nil Tax

A1 Sales - Vat - 4%

A2 Sales - Vat - 5%

A3 Sales - Vat - 12.5%

A4 Sales - Vat - 14.5%

A7 Sales - CST with C Form - 2%

SAM

Edited by: Saminathan Gopalan on Jun 28, 2010 11:04 AM

[Former Member]

Hi,

This depends on your business requirement.

Cheers,

Satish Purandare

[Former Member]

i know, can you tell me few regular taxes code which are compulsory

regard

nabil