Goods & Service Tax [GST-India]
Hi Friends,
India is going to step into new era of TAX system i.e.. GST, in near future. I understand that all Excise,CESSES,VAT,CST, AED,SED etc... will be subsumed in GST. Which will work in a model of CGST-Central, SGST-State, IGST-Interstate.
Dear friends if any of you have any idea abt how this will work in our current SAP CIN system, please through some light. Expecting further discussion on this topic.
Thanks & Regards
C.Praveen Kumar
The simiple logic you can arrive is that if at all Government is going to implement GST from financial year 2010-11, necessary notification should have been published by now.
Since as I said, no body is clear on this, you can take it for granted, this will be postponed to next financial year that is 2011-12. I am also sure, no members in this forum can give any more information precisely.
thanks
G. Lakshmipathi
Similar Messages
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Good Service Tax for SAP HR Malaysia
Hi,
Anyone has implemented GST / VAT for SAP HR Malaysia? If yes, appreciate if you can share with us the options and the steps required.
Thanks.Hi,
Please refer to the following OSS Notes for Details on Service Tax.
778976, 1045145, 1032265.
779512 - Master Note for Service Tax
For other problems, please refer to OSS Notes on Service.sap.com/notes
Regards
Mahendra -
Service Tax Credit : India
Experts,
Need your help
when a run program RFUMSV50....the system displays can see all those Service Tax Invoice which are paid and whose Service Tax Credit can be availed, but i do not find any Transfer postings from Interim to Main Service Tax GL Accounts, ie from Interim Tax Code's GL to Target Code's GL.
A Batch Input is generated but with ZERO Transactions, where-as the system displays (as mentioned earlier) several invoices applicable for Service Tax Credit.
Edited by: Hussein Merchant on Oct 5, 2009 8:39 AMHi SV Raj,
First please check your Interim Tax Code percentage maintenance in FV11/12.
Create a Tax Code similar in FV11 and with same percentage like Interim Tax Code, this will be your Target Tax Code.
Assign this Target Code to your Interim Tax Code in T-code FTXP, initial screen.
RFUMSV50 is to be executed in SM35.
follow this procedure, do let us know your results and to guide you for further action. -
Service Tax Detail while recording a purchase invoice from T-Code F-43
Dear Sir,
I am passing a Professional Fees Invoice, where in service tax is being charged, through T-Code F-43
Kindly let me know the following.
1. Where do I store the vendor's service tax registration detail?
2. Where do I store the service category under which the service tax is being charged?
Regards & Thanks in anticipation
Chirag Shah
Edited by: CHIRAG SHAH on Dec 29, 2011 8:25 AMDear expert
1. Where do I store the vendor's service tax registration detail?
ans: vendor master inside CIN detail-
CIN details not coming in Vendor master
T:CODE:OMT3E
or
Go to SPRO > Logistics General > Tax on Goods Movement > India > MasterData > Assign Users to Material Master Screen Sequence for Excise Duty.Select User Screen reference and add the user name- after it will comes to vendor master there you can add details
2.Where do I store the service category under which the service tax is being charged?
service tax - access seq
Service Tax Liability - India - w.e.f 01 July 2011 Changing to Accrual
Regards
Ajeesh.s -
Service Tax 10.3% + Vat 5 Tax code
Hi Expert,
I have to make PO for Licenses Purchase which include two Tax component.
Service Tax 10.3% & Vat 5%.
Service Tax is Applicable on Basic
Vat Is applicable on Basis + Service Tax
Service Tax & Vat both are refundable
In our system we don't have Tax Code for this, Please help me with step how to create the Tax Code.
Scenario
Nos = 100
Rate = 200
Basis = 20000
Service Tax 10.30% = 2060
Total = 22060
Vat 5% = 1103
Final Amt = 23163
Regards,
GHSHi
It is possible to have the scenario in place. The Service Tax would be calculated @ 10.3%. You configure the service tax for india as per SAP Note 921634. There after total this up in a sub step. There after, calculate Excise Duty on Base Amounts and total them up. On this base, calculate VAT, CST, Additional VAT and Surcharge on VAT.
Regards
Sanil Bhandari -
Service Tax on Goods Transport
Hi
How can we configure the Service Tax on Goods Transport in India
Here the tax has to be posted both as Input Credit and Liability
Thanks
MuraliHi,
See the note: 921634.
Service tax processing is given in the note.
Award points if useful.
Thanks and regards,
Sri -
Service Tax payable on road transportation at Goods receipt lavel
Hi Experts,
Scenario--
Materials receipt from vendors through road transportation thus service tax is applicable and we have to accrue liability and pay to the authorities on behalf of transportor, the cost of transportation has to be booked in separate expense type GL and service tax liability should be created at the time of Goods receipt.
Please assist me to configure in SAP to comply with the above requirement.
Regards,
Kuldeep DubeyHi,
Plz check if you can bring through condition supplement when the customers fixed @100 rate -
Service tax on free goods issued to contractor
As per recent notification of Service tax dept., company has to pay service tax on cost of free goods provided to contractor. How to configure this scenario in MM?
This is last option. Is it possible to create one discount condition, which knocks off gross value of material but maintain base value for Service Tax?
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Service Tax and Sales Tax-India
In SAP how we can enter both Service Tax and Sales tax in single invoice. Is there is any option to enter both tax code in a single invoice?
Hi
For certain type of Vendor Invoices, both service tax and VAT is applicable in India. This can be done with the help of your tax procedure, where in you calculate service tax on Base Amount and VAT on the BASE AMOUNT plus Excise, if applicable. You need to create a single tax code like that and maintain the suitable condition records. I guess the standard TAX PROCEDURE TAXINN also takes care of this requirement.
Regards
Sanil -
Hi
the scenario is
As per Notification No. 35/2004, in relation to the transport services, the onus of collection and payment of service tax has come to the recipient of the services unlike the provider of the services in other cases. Hence organizations are required to collect and deposit the tax with the govt. authority on behalf of the transporters.
here the mapping is to be done in sucha a way that postings must be as follows
x G/L freight clearing A/C - Dr
y G/L Freight vendor A/C - Cr
z G/L Service tax input ( 12% on 25% of Frieght) Dr
a G/L Ecess tax input ( 2%on 12 %) Dr
b G/L SHcess input ( 1% on 2%) Dr
c G/L Service tax Payable ( 12% on 25% of Frieght) Cr
d G/L Ecess tax Payable ( 2%on 12 %) Cr
e G/L SHcess Payable ( 1% on 2%) Cr
I had defined a Tax code with JSTX, JEC5 amd JEC 6
I had assigned the Accont keys VST, VS6, VS7 in the tax proceedure, and G/L accounts Input for each act key in ob40
but how to map the G/L acts payable
i tried to enter the payable amount MIRO, but for the client this is a lengthy way
i have one other way in OB40 ,go to rules iam seeing the debit/credit flag is locked , if iam able to check the flag for debit/credit, i may abl to assign the debit and credit G/L accounts.
If any one had gone through the same config
Hope some one might have mapped this business process.
please help me out how to do it.
krishnathnx
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Hi,
I want to configure Output service Tax, Our FI consultant has already created three condition type for service tax, education Cess and SH education Cess and assigned these conditions to TAXINJ.He has also created the output tax code S1.
I need to replicate these three condition to my SD pricing procedure in order to calculate the service tax in the sales order.
Please advice at the earliest
Regards
Rahulhi Rahul,
Go to V/08 , select your pricing procedure , & maintain all the 3 conditions for service taxes in proper sequence. also maintain the account key against each condition type.
for eg,
line no. counter condition type from to A/C KEY
850 0 JSER SD - Service Tax 837 837 VS9
851 0 JSTE SD - Ser.Tax - ECESS 850 850 SV0
852 0 JSTS SD - Ser.Tax-SECESS 850 850 VSS
860 0 SubTot (Ser.Tax+Charges ) 837 859
Line nos will be according to your requirement & will depend on your pricing procedure. add other calculation logic based on your requirement.
Regards,
Chetan -
Service tax Utilization under plant
Hi Experts,
I have one Utilization problem regarding Service.
Here I have one company Code under which six regions and one mfg plant.
Service tax is paying to suppliers from regions and the same is passing to Plant for utilization against Cenvat.
The above case how will I do the configuration and what are all the G/L account required.
Thanks&Regards,
BramhaHi,
First check have you maintain the service tax G/L accounts in
PATH : SPRO > IMG > Logistic General > Tax on goods movement > India > Service Tax > Assign Service Tax Accounts
then maintain the number ranges for below three object with SNRO
1: J_1ISERCRD
Note: No. range use when we pay CENVAT from cenvat & service tax CR on J2IUN
2: J_1ISEREXT
3: J_1ISERPAY
Note: No. range use when we pay Service tax from cenvat & service tax CR on J2IUN
make the above settings and again try the utilization.
regards,
zafar -
Service tax value required updating while posting GR in MIGO transaction
Dear Friends,
We have a following scenario where service tax value required updating while posting Goods Receipt MIGO transaction.
1. Purchase Order created for first line item where Qty. 1 and Net Rate Rs.1000/- so total Gross value will be Rs.1000/- example Vendor XYZ
2. Freight condition type maintained for the first line item for Rs.500/- and assigned to Transportation vendor ABC.
3. When Goods Receipt Posted for the Material against PO first line item, the material value updates Rs.1500/- (Material value as
per PO + Freight Charges)
4. After posting GR while making Invoice verification through MIRO transaction against the PO GR/IR clearance will be done for
Material vendor XYZ. For transportation Vendor ABC Planned delivery cost indicator will be select and since service tax is
applicable Service tax code will also select.
Here the values of Service tax if the Material available in Stock it will be inventories. If stock consumed before making the Invoice verification for Transportation vendor ABC, then the Service tax values update to PRD account.
We know that in PO, tax code can be select for first line item (Raw Material) Vendor XYZ and if transportation charge condition type maintained for same first line item and assigned to Vendor ABC and there is no provision to maintain Service tax. So the service tax will get inventories while posting Invoice Verification for the transportation vendor.
We want the values of Service tax to update while posting Goods Receipt in MIGO transaction.
Thanks & regards
Dhanuhi,
Please note at the time of MIGO Servecie tax value does not appear, it will appear at the tiem of Invoice only.
Regards,
Rama Mohan Bangaru -
How to determine Service Tax in sales order
Dear Guru's
What all the configuration setting that are required for determine the Service Tax in the sales order for service Item we are using Tax procedure for India u2013 TAXINN.
Regards,
BhanuFollowing SAP Notes to be referred for Service Tax:
1. 778976 u2013 Service Tax and Ecess on Service Tax
2. 1032265 - SEcess on Service Tax
Regards
AK -
Service Tax for transfer from Interim to final account
Dear Guru's,
We are following the TAXINN Procedure. we are at SAP ERP ECC 6.00 version.
As per the Note 921634 they specified the defered tax code and target tax code. and the program RFUMSV50 for transferring the service tax from the interim account to the final account.
When we executing the program RFUMSV50 the layout is displayed by the system but the data is not displayed by the system.
Please suggest me in the following situations
1. First of all, whether this Note is applicable to the TAXINN condition procedure or not.
2. If Yes, do we need to maintain the following customising setting at company code level as per the note 921634
- Maintain the deferred tax rule.
- Assign deferrred tax rule to company code
- Create a tax codes like deferred taxcode and target tax code.
3. If not is there any other note for TAXINN for transferring the interim account to the final account
Thanks for your cooperation.
Thanks and Regards,These are all Part Of FI MM Integration, Discuss with your Finance Team.
Some of the Integration points are below
1. The complete Purchase cycle upto payments
2. Posting made during the purchase cycle and how the integration takes place with FI & CO, including the OBYC settings
3. The Tax procedure for input & output tax and how the same is used in MM
4. The configuration and use of Excise, if you are in india and how the processes are mapped in SAP
5. The Service Tax Configuration, including GTA and the configuration
6. How to utilize service tax credit in excise and the process for mapping service tax through deffered tax configuration
7. Stock Keeping Accounts for stock
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