Tax Rate for CENVAT definition

Hi,
                      I am creating a taxcode for CENVAT+CST.  I have the combination like this:
                                            BED=10% on Total
                                            Cess 2% on BED
                                             HSCess 1% on BED
                                            CST 2% ON Total+ BED Taxamount.
                           In the righthand top of the tax definition window the taxrate is showing as 15%.(1021+2 CST).
                   But actually it shoulbe 12.3%.In the documents the tax amounts are showing correctly.Can you explain this 15%?
Regards,
S.G.Sekar

Hi S.G.Sekar....
There is no difference between what SAP is showing and what is your concept of Tax Rates.
Both are same from Calculation Point of view.
Generally tax person says 10.3 as Excise which includes 1021......
Basically the concept is on BED 10 % 2cess and 1 HSCess is being calculated which is nothing but 10.3 where 10 is for BED ans 3 is for 2+3
But in SAP terms it is 1021 and CST 2 means total 15....
Both way it is correct that is why the calculation is coming perfect......
So dont worry it is all OK......
Regards,
Rahul

Similar Messages

  • FTXP: Mass Update US Tax Rate for procedure TAXUSJ

    Hi,
    I had searched here and there about the answer for the best way to mass update the tax rate for US TAXUSJ based on the jurisdiction code and transaction key (T030K-KTOSL). I attempted to use BDC recording but it doesn't work as FTXP required manual processing.
    So is there any better solution on this? I am trying to direct update to database in the worst case if can't find any better solution.
    In this case, I tried to find any table that consist of country code, procedure, tax jurisdiction, tax rate, valid from, transaction key. But it is none. I am confuse on which is the correct tables to update. I searched net and there are suggestions on these tables (A053, KONH, KONP, T007A, T007V, T030K, A003). But how is the linkage on these tables?Which one is the correct table to update?
    Thanks for your time for reading this.
    Thanks & Regards,
    Sin Ying

    Hi,
    Please, refer to this link:
    Re: Table for tax rate
    Regards,
    Eli

  • Maintain tax rate for excise duty

    Hi,
    Where do to maitain the tax rate for Excise duty?
    Say for example for Excise duty for 2009.
    Regards,
    Vidya

    Let your requirement be more clear. You want to know , how to create tax codes and the maintain % rates OR something else.
    Please clarify.
    With Regards
    Sagar

  • Different 'MWST' Tax rate for company codes with same country

    Hi Experts,
    I am not an SD expert, but need some inputs on a requirement. We have the manual condition type 'MWST' for tax conditions and the 'MWST' rate is set for different countries.
    We have Sales Organization 'A' and 'B' which are for the same country (JP) and the requirement is to have tax as 7% for Sales org 'A' and no tax (0%) for  'B' in billing for the same billing material . But when we set the tax classification in material master, for Sales Org 'B' and the billing material, the system automatically changes the classification for 'A' also to 0% since the tax classification is based on country and not sales organization. Here both the Sales org is for the same country 'JP'.
    Is there any other way or configuration through which we can achieve this requirement ?
    Your thoughts are much appreciated.
    Thanks,
    Dhan

    Well mate, Vemuri provide an alternative from FI point of view. From SD standing I'd suggest to work out the condition technique as this condition type (MWST) has an access sequence MWST (the same code) and it has 3 tables related:
    78 - Departure Country / Destination Country
    2 - Domestic Taxes
    11 - Export Taxes
    What I can see is that you need to include the value Sales Organization in one of the tables.
    NOW, IF YOU DONT WANNA MESS WITH THE CONFIG...
    The customer has Tax indicators in its Sales Area Data, why don't you just set the value there to determine always 0% tax for the Sales Org you want?
    Look forward for your remarks.
    Saludos!
    Ricardo

  • FTXP - Tax Maintaining issue - Updating tax rate for all Jurisdictions

    Hi Experts,
    Whenever i am trying to maintain a tax code for a perticular jurisdiction, whatever changes i make in the tax rate of the tax type are getting reflected in all other jurisdiciton as well instead of the one for which i am doing the changes. There is no custom dev. under this tax maintaining part and its a config issue as i am not able to replicate the same issue in the production system . After a lot of debugging of FTXP I did not get anything. Can anyone please help me out in this issue ?
    Regards,
    Rahul.

    Hi,
    I would just like to clarify.
    I try to post say using a tax code W1. However, I am prompted an error because my tax rate has not been maintained.
    I maintain the tax rate in FTXP, system prompts me that changes have been saved. When I go back to see the tax rate is not there anymore in FTXP. It is not visible.
    I maintained FV11 and I am able to post already. But in FTXP, I am still not able to maintain the tax rate.
    I am posting via FB70.
    Anyone can clarify why this is? And how can fix the fact that tax rate is not visible in FTXP?
    Thanks,
    Josef

  • TAX RATE FOR "JMOD"

    ur answer : In SD, JMOD should be maintained in OBYZ and the JMOD value will flow in the sale order based on the<b> tax code</b>.
    i have rewarded little.
    now , cld u tell me where the tax code for JMOD WILL BE MAINTAIN? IS IT POSSIBLE IN T CODE "FTXP" TRY IT THEN REPLY

    You need to maintain in VK11 / VK12 transaction.

  • How to calculate different tax rates for  same material in single invoice.

    Dear All,
    If the excise rates are changed during the budget and the stock is lying with the client with the existing rate.
    After effective date of new rates we receive the good with new rates.The new and the old rate stock is sent to a customer in single invoice.How can we configure such case. The excise should calculate by old rate to old stock and new stock should be calculated by new rate.
    Please guide in such case.
    Thanks in advance.
    deepti

    Hi Deepti
    In copy control you will have to redeterfine taxes whilst billing.
    If you want you change this and keep it as copy pricing. This won't change anything. Else use Copy prices and redetermine tax. You can find this setting in VTLA and VTFA in item category Pricing type.
    You can't have both of then in the same invoice as procedure is decided for the whole invoice and not a single Item. You can rather have two different item category type. TAN and ZTAN you redetermine taxes for tan and copy them as it is for ZTAN.
    Regards

  • CIN - tax rate determination

    hi all,
    how define tax rate determination during with CIN. Will system retrive tax rate from  the definition made J1ID, or , the tax rate given in FTXP for the tax code.
    Also, plz explaing how account determination takes place - through tax code or 'Specify G/L Accounts per Excise Transaction' in Log-gen> 'tax on goods mvt' > ind > account det.
    plz provide any link for complete setting to be made to enable  cin.

    Hello
    For TAXINN, the duty rates are picked from the condition records maintained in FV11.
    And in TAXINJ procedure, the duty rates are picked from what maintained in J1iD and tax codes in FV11.
    The excise accounts are determined through Specify G/L Accounts per Excise Transaction' in Log-gen> 'tax on goods mvt' > ind > account det. only.
    You are only able to view that in FTXP.
    Regards

  • AP invoice with different tax rate and cost center?

    Dear all,
    We are just upgrade from 11i to R12.1.3. Before in 11i, we can change distribution account in AP invoice distribution line if the type is "Tax". However, after updated to R12, we define tax code (e.g. P1 for particular account combination), so once user selects tax code "P1" and invoice will automatic creates tax line for such invoice but the user cannot change distribution account anymore. Because in 11i, user will change the distribution account (cost center segment) but now in R12 user cannot change it.
    The only work around is defining different tax code for different cost center.
    For example: P1-0001 => 01.0000.999999.00001
    P2-0001 => 01.0000.999999.00002
    We have hundred of tax code and cost center combination.
    Any other work around for this? or anyone encounter the same problem?
    Please advice.
    Thanks.

    Let me explain more in details:
    1) The cost centre will will more. 2 cost centres just a simple example.
    For now, we have 5 cost centres for each of the tax rate. For the work around now, I need to define 5 tax codes for the same tax rate for different distribution combinations:
    Quote
    Tax Code ==>Tax Rate ==> AP Distribution Combination
    A1-3500 ==> 10% ==>001.9999999.3500.00
    A1-3600 ==> 10%==> 001.9999999.3600.00
    A1-3700 ==> 10%==> 001.9999999.3700.00
    A1-3800 ==> 10%==> 001.9999999.3800.00
    A1-3900 ==> 10%==> 001.9999999.3900.00
    2) The driving factor would be 100% percent.
    Please kindly advice.
    Many thanks.
    driving factor for the cost centre

  • Tax rate is not editable in r12.

    HI.
            I need to change the tax rate for a particular location in r12, In 11i has the option for do that by the navigation that "AR-->Setup-->Tax-->Locations",
    but in r12 has the option in same navigation which one is in 11i, however  that field is non-editable. so please kindly reply me that,  how is make it as editable  on the form that "Tax Locations and Rates".

    Hi Hussein..
    lot of thanks. I have still looking this issue. I try to change the TAX RATE of the particular location through  Tax Managers responsibility by the navigation that
    " Tax configuration-->tax rates"  On this navigation will  need to fill the given values are  "Tax Regime Code, Tax Rate Code,Tax Jurisdiction Code,Configuration Owner", I do not know the  correct values for it. I have give some  related value of the area, it bring lot of results, Its very difficult to find the require data. That is why I unable to solve it. how is know it  possible value to fill on that navigation?, how is solve it? Please give me the solution for increase the TAX RATES of given address that,
    city:Chicago
    county:Cook
    state:IL
    Country:United States
    Thanks.

  • Table name to get tax rate

    Hello Gurus,
          In which table shall i get tax rate for a particualar tax code which was configured in FTXP Trannsaction.I checked T007A and T007B tables. But rate was not there in these tables.
    regds
    Ramachandra

    Hello Srikanth,
            Thanks . I have given 10 points.
    regds
    Ramachandra

  • Tax rate from tax code

    Dear Gurus ,
    I hv created one tax code A0 (using FTXP) and in that i have maintained three condition type JCES ( Service tax ) ,JECE ( Serviece tax edu.) ,JECD ( High edu cess) .
    I maintained tax rate for each condition type as 12 %, 2% ,1%
    resepectively .
    However when i create condition record (VK11) for each condition type , i enter tax code , this automatically determines tax rate 12% for all condition types .
    My concern is it has to take 12% , 2% % ,1 % as per condition type rate maintained in tax code .
    Pls suggest me any inputs
    Thanks in advance .
    Anchal Pawar

    Dear Anchal,
    The condtion type can be created on application like S&D (V) and TAX (Tx).
    Here, the condition type u have created is for TAX n u have created A0 tax code in FTXP.
    To get the values ie. 12%, @%, & 1% in FTXP you need to create the condition record in FV11, with key combination as TAX CODE i.e., for the particular condition type & taxcode combination u give the percentage.
    once u created the condition type in FV11, these values or % will be copied to FTXP condition type.
    Hope, this i/p will serve the purpose and if you have arrived at the soln by any other mean please let us know.
    With regards,
    Vijayashree

  • Create new tax code for Belgium company code.

    Dear friends ,
    We are fighting to find a way to create a new tax code for a Belgium company that do the posting below:
    Credit:       Supplier                   1000,00-       EUR
    Debit:        GL Account X          1105,00        EUR
    Credit:       Tax Account              105,00        EUR
    Where the tax rate for the tax code is 10,5%.
    Does anyone knows the config we need to do in the procedure TAXB-IVA Belgium , in order to allow SAP to post as we can see above 
    Tcodes:
    OBQ1 / OBQ3
    OBCN
    OB40
    FTXP
    Thanks so much.
    Alessandro

    hi Allessandro,
    Please check SAP Note 22842 - TAXB - Belgian tax calc. table - special cases, it clearly gives the configuration needs to be done in your case.
    Regards
    Girish BP

  • Error in tax rate

    Hi everyone,
    I am facing a problem in tax on sales.For our client there are 2 types of CST tax rate for the customer: 4% and 1%(C Form).Accordingly 2 different tax codes are maintained for it.Now even after maintaining the different tax slabs in the customer master,during sales processing only the CST tax rate of 4 % is coming in the pricing. Its not picking the 1%(C Form) rate in the pricing.Can anyone please help me out from this situation? Its really very urgent.
    Regards
    Subhash

    Dear subash,
    You need to do two things,
    I assume that the customer is same ,
    then go to sales order , header -- billing --   alt tax classification-1 , put 1 and maintain the tax code for 4 % in VK11 aginst UTXJ at the verty first level with the 4% tax code.
    and the same thing ,sales order , header -- billing -- alt tax classification-1 , put 2 and maintain the tax code for 1 % in VK11 aginst UTXJ at the verty first level with the 1% tax code.
    In both the cases , customer tax classification is changing , hence system will pickup the correct one .
    If customer is different , maintain the same in customer master - billing - UTXJ field instead of mainatining in the sales order.
    Just try.
    saravanan

  • Excise tax rate problemin MM

    HI,
    I have two queiries reg. taxtaion
    1   If a material is of Domestic Purchase and Import purchase then how to maintain the Excise Tax Rate for that material.
    2.  During Capturing the excise sometime we are not able to pick the correct Base value, as it should come from Purchase order, also not able to get Tax rate and tax amount, as should be come from J1ID.
    Please suggest me how to go abt that.
    Regards,
    Seenu

    Hi,
    Which tax procedure are u using
    U maintain conditions based on material/vdr/plant combination... For import purchase ur vendor is going to be different. Hence your purchasing will not get affected.
    The excise values will be captured while capturing excise invoice which are maintained in FV11 & also the same values come in PO. Check if PO is correct. The base value will be taken from PO. Although we can change the same while capturing excise invopice as per correct excise copy we receive from vendor
    Regards,
    Sourabh

Maybe you are looking for