Service tax and Vat
Dear Expert
How did I can put service tax and vat in same PO line item.?
Pl suggest.
Thanks
Mayur
Hi,
1) Create one condition type ZWOR as Work Contract Tax(WCT) for VAT.
2) Create Service tax 10.3% (10,2,1) condition type as follows.
a) Condition Type - JSVD for 10%
b) Condition Type - JEC3 for 2 %
c) Condition Type - JSE1 for 1 %
Using T-code FTXP - Maintain Tax code create service tax code and assign the above condition for the that service tax code.
PO creation time, you are using the above created service tax code with combination of VAT & service tax code and then posting time based on condition type vat and service tax value posted to separate GL.
Hope, it is useful for you.
Regards,
K.Rajendran
Similar Messages
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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 -
Service tax and cess on freight for inventorised items
Hi all,
There is a scenario where service tax and cess is charged on freight line items in a PO for inventorised material. This had been incorporated in pricing procedure accordingly. But while doing a MIGO it is found that the service tax and cess are charged on the materials. This should not be charged to the material rather at the time of MIRO it has to be posted to a receivable account.
Can anyone suggest what configuration is required for this.
thanks in advance
asbinHi Ponraj,
i would like to know the solution in detailed. As Per my client requirement, i have separated VAT amount and posting into separated G/L account. but my problem is i have to pay tax on freight amount to government. The taxes on the freight will be different. since 25% from the freight amount is taxable. so 25% from the freight amount i have to consider and on that i have to charge 2% E.Cess and 1% secondary higher E.cess.
how could i configure this issue in SAP?
please help me on this issue.
regards
Appu -
SD: Service tax and sales tax
Dear All
My client has 3 plants in different states and in to erection activities. while configuring the service tax and sales tax i have created single G/L accounts for the service tax and sales tax based on tax code.
Now my client is asking how can check the service tax payable and sales tax payable as per plant basis.
With my config all service tax will go to one G/L account , VAT will go to one account . how can we able check plant wise details.
Suggest me the way
Regards
SatyaHello
As per my experience, the GL Acc for Service Tax & VAT can't be same. Check with your client.
Anyways, as per your requirement for VAT
1. Maintain 3 Tax code corresponding to your Plant. This will help you in different Tax Code differnet GL Acc
Say,
V1 - Output TaxCode AP
V2 - Output TaxCode KA
V3 - Output TaxCode TN
2. In Tcode OB40 - in Rules activate Tax code. By doing this, it will activate TAX CODE & ACCOUNT in account section.
With you can maintain,
V1 - 3888001
V2 - 3888002
V3 - 3888003
3. Maintain access sequence Country/Plant/PlntRegion/TaxCl1Cust/TaxCl1Mat. in Tax Condition Type.
Then maintain condition record (VK11) for your VAT.
Say,
Country - Plant- PlntRegion - TaxCl1Cust - TaxCl1Mat.
IN - 3010 - AP - 01 - 01 - 4 % - V1
IN - 3020 - KA - 01 - 01 - 4 % - V2
IN - 3030 - TN - 01 - 01 - 4 % - V3
Similarly, you can do for Service tax also.
Thanks & Regards
JP -
G/L accounts linking with sales tax and VAT
Hi gurus,
I want to link the G/L account with Sales tax and VAT for this wat i can do and where,plz help me, it is very urgent.
Regards,
Dharma.there r four steps to link sale tax
step 1 go to OBYZ
Create tax procedure to your company code
step 2 Go to FTXP
step 3 Go to FS00
step 4 go to OB40
srikant -
Reg. Tax and VAT calculation in a PO.
Dear Experts
We want to maintain both tax and vat for a po, if we use both the VAT didn't calculated in PO,manual excise and other cess are calculated. Pls help me how to maintain both in a PO.
Thanks
Rajakumar.KHi,
1- Pls check in FV12 combination for tax and vat condition types.. is it maintained on same logic i,e tax code or mat./plant/vendor... should have same combination..
2- check the both condition types date have correct validation date.
3- maintain the tax and vat condition types rates in ME11or MEK1 -
Hi Experts,
Please Clear my confusion regarding the below points.....
1. Previousy based on the vendor payment we are doing the transfer from interim GL to Target GL account., Now rules have benn changed, we can use based on accrual(Irrespective of payemnt we can use 100% amount), in this case also need to create target GL accounts?
2.Please can u tell me in which trasaction code we mention tthe GL accountS( Which are Target GL accounts, whenever we run the Utilisation T.CODE: J2IUN/J2IU......PLS TELL ME THE PATH OR T.CODE..WHERE WE MENTION GL ACCOUNTS RELATED TO UTILISATION.
Please clear my confusion....
Thanks
ChanduHi,
For service tax , check link:
Service tax
AND
For service tax utilization, check link
http://help.sap.com/saphelp_erp60_sp/helpdata/en/09/ebf138cdd78a4be10000000a114084/frameset.htm
Regards,
Biju K -
Service Tax Register & VAT Register T Code
Hi SAP,
Can any one tell me, In which Tcode we are using for Service Tax Register, & VAT Register. The Service tax register & VAT register is a legal requirment of govt. Because Report Format is Common For all company. Can this prescribed format is available in SAP? Whether Yes, Please give the TCode.
Regards
DebaHi Deba,
The answer from Shayam is correct based on your question. If you are looking for a country specific report,then you must let us (the community) know for which country you want it.
Kind regards -
Diference between Service tax and GTA service tax
Hi,
Kindly tell me what is the difference between service tax and GTA service tax and their accounting entries in SAP ?
With Regards,
SamratHi,
Service Tax is charged by the service vendor and you pay the service tax to the vendor along with his payment. Once you pay the service tax, it is the liability of the vendor to pay the service tax amount collected from you to the Government.
GTA is Goods Transport Authority. When you receive any service from any transport vendor, he will not charge service tax from you though it attracts service tax. It is your liability to pay the service tax to Government for the services received from the transport vendor.
In case of normal service tax it is treated as input tax and credit for the same is taken (similar to excise). But, in case of GTA you have to create the liability at the time of receiving the service and make the payment directly to the Government.
Regards
Ramakrishna -
Avail service tax and its Eces,SECESS?
hii all,
Can some body explain me about the service tax scenrio with ecess and secess.
how to avail the service tax ,ecess on service tax and secess on service tax.
Explaination in detailed way is appreciable.
thanksService tax
Background: As per legal requirement, service tax credit can be only availed on the payment to the vendor either full or partial payment.
In the case of sales, service tax is liable to pay to government only on the receipt of sales proceeds for services.
The Approach adopted here is that while booking the liability, Service tax amount will be kept in a u201Ctransit u201Caccount (e.g. service tax on hold Account). Periodically a program will be run which will transfer the Amount from: u201Con Holdu201D account to Service Tax Receivable Account.
Mapping of above scenario in the SAP environment using following SAP Notes
921634 Service tax India: Transfer from Interim to Final Account
For ERP 6.0 use additional notes 1073292, 1073447 & 1076653.
Support Pack level: 10
Please check that notes 785561 and 817486 are implemented in your system or an appropriate SP is installed.
u will get the details in SAP note 921634
and for credit
when u do J2IUN
on the first screen down u will have to put
service tax final gl account
ecess of final st gl account
hecess on ST final Gl account
hope this helps -
Reg. TAX and VAT configuration
Dear Experts
In PO creation I have to maintain both VAT and CESS,and I have configured but only one is calculated that is VAT only calculated
CESS is not calculated showing 0.00,but can use any one either VAT or CESS,it is working, at a time both are not calculated.
Pls help me what is the configuration missed.
Thanks in advance
Rajakumar.K
Moderator: This thread has been locked due to crossposting.
Please do not post the same question in different forums.Hi,
1- Pls check in FV12 combination for tax and vat condition types.. is it maintained on same logic i,e tax code or mat./plant/vendor... should have same combination..
2- check the both condition types date have correct validation date.
3- maintain the tax and vat condition types rates in ME11or MEK1 -
Purchase Order with Service Tax and Sales Tax both
Dear Sir,
We have a scenario where we have to make a Purchase Order for buying some Software . In the PO , we need to mention Service-Tax as well as Sales-Tax both . Pl guide us as whether it is possible to have such condition available in SAP , if yes then what procedure need to be followed .
As at present , we can not charge Service Tax in the PO against the Material Purchase . Service Tax can be charged only against the Services being purchased .
Pl guide us .
With Thanks and Regards
B MittalHi
If you are talking about a MM pricing procedure create two condition types by copying a standard ( take RAOO and then change the Plus/minus to " Positive" there by u can include this in your PO print as well.
regards
Mahesh -
Service Tax and Business place configuration..
HI Experts,
I have one confusion, please clear and suggest the below issue..
My client having 3 plants, he wants to collect service tax in diferent GL accounts for plant wise with same tax code.
I think it is possible through business place concept? Please clear it is possible or not?
I have defined business place and assign business place to plant and compay code...what is the next step to follw please breif me about the scenario...
Please suggest.
ChanduThank you Vivek....
I am following the below way...
I have created Business place and assigned to company code and plant...
I have created one tax code and not assigned any GL accounts in OB40 AND i have assign GL accounts IN SM30...J_1IT030K_V IN THE combination of Account key, business place and GL.....but i am not getting any GL acounts in OB40 and FTXP in both cases my GL field is null....while posting the transaction system giving the below erro
Transaction key VS7 chart of accts ASHI not defined in table T030K
I have maintained the combination in SM30..it is not sufficeinet or any activation required....Please guide me...
Thanks
Chandu -
MM Pricing - Service Tax + VAT
Hi All,
We had defined the MM Pricing procedure as per below Scenario
Base Price : 100 INR
Service Tax : 12.36% on Base Price 12.36 INR
VAT : Base Price + Service Tax (i.e. 112.36) SAy 4% VAT is Applicable then it would be 4.49 INR
But now We would like to have one more Scenario in which Service Tax and VAT (Both) are applicable on Base Price.
ie Base Price : 100 INR
Service Tax : 12.36% on Base Price : 12.36 INR
VAT : 4% on Base Price : 4 INR
Pls Let me know, how should i configure the second scenario. I dont want to disturb the First Scenario (as it will be applicable in some cases too).
Regards,
S AnandHi as far as my knowledge Serv tax and VAT are charged on base price because you can not charge a tax on the tax . We have configured such scenario by creating the tax code .
Example -- we have tax code V5
We have maintained service tax conditions on Tax code basis ( all 3 conditions Serv Tax and Cess)
Also VAT condition JVCD is maintained at same V5 tax code basis .
In similar type of scenario we just select tax code V5 and proceed .
Pls do not forget to maintain conditions at Tax classification also
Other things related to Tax code are same ..
Hope it may solve your problem .
Pls revert back
Regards
Bhushan -
Purchase Bill with Service Tax & VAT
Hi Friends,
Here i have received the Purchase bill with both service tax and VAT.
Pls let know how to prepare the PO and MIRO/MIRO.
Here i am giving the break-up for e.g.,
Total Value 80100.00
Ser Tax 10.3% 8250.30
Total 88350.30
+ VAT 4% 3534.01
Round Off .31
Total Payable 91884.00
Pls let know how the clear and give me the solutions
Regards,
LakshmanHi Laxman,
You can have a seperate condition for service tax with keeping posting key for the tax key & post the PO.
Condition
ZPRI 80100.00
ZSER(10.3%) 8250.30
Total 88350.30
According to vat code defined it will calculate on this value.
Regards
Rang
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