Creation of Service Tax code 10.30% on the 25% of the Base Amount

Dear Team,
We want to create a service tax code of 10.3% on the 25% of the Base amount.
Base Amount - 100.00
25% of the base amount(100/25) = 25.00
service tax(10.30%) to be calculate on Rs. 25.00
25*10.30% = 2.57
Base amount --> 100.00
Service Tax --> 2.57
Total: 102.57
Can somebody let me how to create the service tax code for this.
Regards,
Siva.

Hi Randeep,
As they said it is service tax GTA.Right we are doing out of SAP, we want it to be done in SAP
The tax calculation will be like below
service tax of 10.3% has to caluclate on the 25% of the Base amount. Like
25% is taxable and 75% is livied.
Base Amount - 100.00
25% of the base amount(100/25) = 25.00
service tax(10.30%) to be calculate on Rs. 25.00
25*10.30% = 2.57
Base amount --> 100.00
Service Tax --> 2.57
Total: 102.57
Regards,
Siva.

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Creation of Service Tax code for Service Tax Payable

Hi
Please advise me to create service tax code for service tax payable
Thanks and Best Regards
Shekhar
Edited by: Shekhar Yecham on Sep 16, 2008 8:28 PM

Hi Randeep,
As they said it is service tax GTA.Right we are doing out of SAP, we want it to be done in SAP
The tax calculation will be like below
service tax of 10.3% has to caluclate on the 25% of the Base amount. Like
25% is taxable and 75% is livied.
Base Amount - 100.00
25% of the base amount(100/25) = 25.00
service tax(10.30%) to be calculate on Rs. 25.00
25*10.30% = 2.57
Base amount --> 100.00
Service Tax --> 2.57
Total: 102.57
Regards,
Siva.

New Service tax code creation

Dear Sir,
I want create a new service tax code with 1021 % & i want to assign the g/l codes.
So advice the t.codes & procedure.
Regards,
Prasanna

Hi,
1) Check what is the claculation procedure assigned to your country -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Basic Settings>>Assign Country to Calculation Procedure
2) Check wether condition types and account key for Service tax, Cess and HCess has been maitained for the Procedure -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Basic Settings>>Check Calculation Procedure - Define procedures.
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4)Define your account keys if not already maintained -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Basic Settings>>Check and Change Settings for Tax Processing.
Here, you will give the description, tax type as input or output as per your requirement and posting indicator as 2.
5) Assign accounts -
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Here you can maintain the GL account by double clicking ont the account key created in the earlier step.
Posting key - 40 and 50, and maintain the GL account by selecting the Accounts tab.
6) Use transaction code FTXP or the path
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Calculation>>Define Tax Codes for Sales and Purchases
and enter country and the ID for the tax code you want to create , Give the description and mention if it is input or output tax.
In the next screen, enter the rates against the relevant condition types.
Please revert in case of any clarification.
Thanks and Regards,
Anit

New Service Tax code ( FTXP)

Hi All
As you all are aware that service tax rate has changed from 12.36% to 10.3% my client is using TAXINN , i have to creat new service tax code that i will do from copy from one service tax to another , but my concern is that i shoul have to maintain condition record for this tax code or the earlier conditon work for the new tax code
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Amit Kumar

Hi Amith
I am new to the TAXINN procedure. I am trying to configure the new service tax code but not getting thru. Can you please share the detailed steps for creation of new service tax code.
However, I am giving below the the steps which I have done :
1) FTXP where new code is created
2) OB40 - GL is assigned
Do i need to work on FV11 ? Or did I miss anything ?
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Service Tax Code Creation?

Hi,
While raising A/R Invoice I have to charge service charges of Rs. 100000/- in which 67% is exempted from Service tax. In this circumstances how i have to create Service tax set up.
Ex. Service Charges -
1,00,000
Less : Abatement 67%----
67000
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33000
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Pl. help me in this regard for setting up the service tax code.
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sampath,
Pl follow the below link for defining tax code
use s-user id to login,
https://websmp208.sap-ag.de/~form/sapnet?_SHORTKEY=01100035870000680297&_SCENARIO=01100035870000000183&_ADDINC=011000358700002837782005E&
There is a document in pdf
Localization in 2005B for India
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Service tax code

Hi All,
I want to create the new service tax code as per below mention calculation.
Material cost = 100
Cost on which service tax need to ba calculated = 33% of 100= 33
So my service tax will be 10.3 on Rs 33 which is Rs. 3.4
VAT should be calculated on material cost + Service tax = 100 + 3.4 + 103.4 which will be 5.16
Please help me to create such kind of tax code.
Regards,
Nandkishore Nachane

Nandkishornachane wrote:
Hi All,
>
> I want to create the new service tax code as per below mention calculation.
>
> Material cost = 100
>
> Cost on which service tax need to ba calculated = 33% of 100= 33
>
> So my service tax will be 10.3 on Rs 33 which is Rs. 3.4
>
> VAT should be calculated on material cost + Service tax = 100 + 3.4 + 103.4 which will be 5.16
>
> Please help me to create such kind of tax code.
>
> Regards,
> Nandkishore Nachane
Hi,
F or this you have to create tax code in ftxp as s1.
in that code you have to given the description as service tax+vat
and use the all conditiontypes which are nneded for your calculation use all condition types in your procedure in ob40
and given the percentages for your condition types in fv11.
after that use this tax code at the time of p.o creation.
Thanking you.

Creation of new tax codes

Hi,
I have a requirement for creation of new tax codes. I have created new tax codes in FTXP and assigned G/L accounts in OB40. This part is clear for me.
Now my questions are as under.
1.     Where do i restrict the validity date for old tax codes and validity date for new tax codes.
2     What needs to be updated in terms of condition records
3     Is there anything needs tobe update in info records for MM.
Regards
Krishna

Unless you use jurisdiction codes, and no external tax system, for
example with tax procedure TAXUSJ, there is no validity dates for the
condition records. You can see this differnce by comparing the tables
A003 without jurisdiction codes and A053 with jurisdiction codes. A053
contains the extra fields DATBI (key field) and DATAB. This is the
standard functionality.
Please have a look at the following part of note 418582:
" Changing past percentage rates has to be inhibited in order to avoid
database inconsistencies. For this reason, the functions which allow you
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Hi
PLease find below links for your needful
http://scn.sap.com/thread/1738086
https://scn.sap.com/thread/407763
http://scn.sap.com/thread/1357209
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sudharsana

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This entry already exists in the following tables '' (ACPR) (ODBC -2035) [Message 131-183]

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Change the tax code at order header level that reflect the change in all it

Dear consultant,
Change the tax code at order header level that reflect the change in all items lines under this order
Facts:
Define tax code,
Assign it to bill & ship to customers,
I do all setup in oracle receivable guide for defining tax
Examples: I navigate to order management to create order
First I select the customer and order type after that I navigate to tab line
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I enter the second items line also the tax code coming by default etc three ,four, five until line 40
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The defaulting rules apply only for the first time when you are adding new lines on to the Sales Order. Respective field vaues will be defaulted from the SO header level.
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Dear
I am getting the following error while creating a PO (in sandbox) in MM.
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Message no. FF714
Diagnosis
No posting rules have been defined for the account key in the tax table in table T007B.
Procedure
Change the tax table, enter an account key already defined for the transaction in question or define the posting rules for a new account key in table T007B.
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Inputs are hightly solicited.
Regds

Check this thread
[No posting rules exist for account key|No posting rules exist for account key]
Alternatively, check the following notes which may help you
=> Note 27350 - Missing account key
=> Note 32828 - Termination with FF714 when posting with FB01
thanks
G. Lakshmipathi

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Hello gurus,
the client has new requirement 3 % cst the S.D. people have configured the condition type for CST 3%. and it is reflected in pricing procedure. how i should configure the same in taxinj procedure with tax code.
pls urgently help.
points assured.
anand

Go to FTXP, Create a Tax code, Put Percentage in the condition.
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Hello All:
When i create SUS invoice based on accepted GR(GR is transfered form MM per program RPODDELVRY and my system has implemented note#1351489) , the SUS invoice tax code in item is default from SUS customizing, but not from MM-PO item tax code. On the other hand, the tax amount is always zero even if i change the tax code and press "update price".
So then i press "send" to transfer SUS invoice to MM, system jump following 2 error messages:
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In MM: customizing OBCA/OBCD/OMRY is completed
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Edited by: chshix_1980 on Mar 30, 2010 5:56 AM
Edited by: chshix_1980 on Mar 30, 2010 6:05 AM

Hello ALL,
I am also facing same problem, although on different version SRM 7.0 SAPKIBKV06
We are having issues as stated below....
1) Tax code in PO line item should be defaulted while processing SUS Invoice.
As per the current behaviour SUS invoice tax code in item is defaulted from SUS customizing, but not from MM-PO item tax code.
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Errors: Error in parameter transfer ( Item 1 )
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If useful pl assign points *******
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Creation of Service Tax code 10.30% on the 25% of the Base Amount

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