Variable VAT AND Service TAX.(CIN Related).
In our situation VAT and servicetax are variable about which user is also uncertain.So is it possible to adopt new sercvice tax conditions into pricing without tax code.
Hi,
The conditions in pricing for taxes will function similar as for CVD conditions.Maintain the correct GL accounts for the accruals in the pricing and OBYC , you will get correct results.
Cheers,
Satish Purandare
Similar Messages
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Printing VAT and Service Tax registration numbers
Hi Gurus
I need to know whether there is an option to print a list of the VAT and Service Tax registration numbers along with the client details - this is as entered in the customer master.
This is for user specific menu not for the admin.
Regards
ShivHI
If you want to know the VAT and Service tax Numbers
Go to SE16N
Enter the Table : J_1IMOCUST and Execute
You can see the customer wise VAT and Service tax number
Regards,
Prasanna -
VAT and Withholding tax setup for Philippine
Hi ,
Anyone is familiar with the VAT and Withholding tax setup for Philippine.
What is the VAT and WHT config in order to fuilfil the following example.
Appreciate if someone is able to provide me some help on this. Thank you.
Invoice Amount of P 1,120.00 gross of VAT
Services Sales to Private
ENTRY TO RECORD REVENUE Debit Credit
Accounts Receivable 1,120.00
Vat Consultancy Set-Up 120.00
Revenue 1,000.00
ENTRY UPON COLLECTION
Cash in Bank 1,100.00
Taxes Payable - BIR ITR 20.00
Vat Consultancy Set-up 120.00
VAT Consultancy Payable 120.00
Accounts Receivable 1,120.00Additional Information
Value Added Tax Reporting:
Advance Return for Tax on Sales/Purchases (VAT Reporting)
Use
In the Philippines, companies are required to submit Bureau of Internal Revenue (BIR) forms 2550M for the monthly (value-added tax) report and 2550Q for the quarterly VAT report. However, these forms also include information not provided by the SAP System, such as advance payments. Using the Advance Return for Tax on Sales and Purchases report, you can print the relevant VAT data and enter it in forms 2550M and 2550Q.
Integration
The report is based on the SAP List Viewer (ALV), which enables you to define your own display variants, according to the BIR requirements listed below.
Activities
To access the report, from the SAP Easy Access screen, choose Accounting --> Financial Accounting --> General Ledger --> Reporting --> Tax Reports --> General --> Advance Return for Tax on Sales/Purchases --> Advance Return for Tax on Sales/Purchases.
You need to make the following settings, in addition to your specific selection criteria:
Under Set the following indicator(s)
Output control Read address data
Output lists Output tax: Line items
Input tax: Line items
You need to define your SAP List Viewer display variant to include the following data on the VAT report, as required by the BIR:
u2022 Reporting company's name and TIN
u2022 Vendor or customer name
u2022 Vendor or customer TIN
u2022 Vendor or customer address
u2022 Document date
u2022 Document number
u2022 Reference number
u2022 Invoice amount
u2022 VAT amount
Withholding tax reports
Generic Withholding Tax Reporting
Use
You use the Generic Withholding Tax Reporting tool to generate withholding tax data for withholding tax reports submitted to the Philippine Bureau of Internal Revenue (BIR) and vendor certificates, as follows:
u2022 BIR form 1601 u2013 Monthly Remittance Return of Income Taxes Withheld
u2022 BIR form 2307 u2013 Certificate of Creditable Tax Withheld at Source
u2022 BIR form 1604 u2013 Annual Information Return of Income Tax Withheld on Compensation, Expanded and Final Withholding Taxes
Features
SAP delivers standard report variants and Smart Forms for each of the reports and the certificate, which are listed below.
SAP also provides a display variant for the output lists, 1SAP, which you can specify under Output control and lists in the Display variant column.
BIR 1601
SAP provides withholding tax data for page 3 of the form. The form comprises three sections u2013 expanded withholding tax, final tax based on the regular rate, and final tax based on treaty rates. Within each of these sections, the data is summarized according to the nature of the income payment (ATC code). For more information, see Withholding Tax Code.
The predefined report variant for BIR 1601 is SAP&PH_1601, and the Smart Form is IDWTCERT_PH_1601.
BIR 2307
The predefined report variant for BIR 2307 is SAP&PH_2307, and the Smart Form is IDWTCERT_PH_2307.
BIR 1604
You use BIR form 1604 to report expanded and final withholding tax for all nonemployee transactions.
SAP provides the three required sections of form 1604: alphalists 3, 4 and 5 (schedules):
Section of BIR 1604 -DESCRIPTION - Predefined report variant - Smart Form
Alphalist 3 Payables subject to expanded withholding tax SAP&PH_1604-3 IDWTCERT_PH_1604_SCHEDULE3
Alphalist 4 Payees subject to final withholding tax SAP&PH_1604-4 IDWTCERT_PH_1604_SCHEDULE4
Alphalist 5 Other payees whose income payments are exempt from withholding tax issued but subject to income tax SAP&PH_1604_5 IDWTCERT_PH_1604_SCHEDULE5
Prerequisites
For each withholding tax report, note the required Customizing settings for the corresponding output group.
Activities
To access the report, from the SAP Easy Access screen, choose Accounting --> Financial Accounting -->Accounts Receivable --> Withholding Tax --> Generic Withholding Tax Reporting.
The Generic Withholding Tax Report has several options for reporting.
The report can be run without the Output Group field populated, or it can be run with one of the PH1 to PH5 options as it relates to the reporting forms/requirements
Hope this piece of information is helpful to you. -
VAT/CST-Service tax calculation through FI
Dear All,
We have TAXINN procedure with condition based. in this case how to caluclate output VAT/CST and service tax though finance (in t code FB70- f-22).
Is there any steps we need to take care through finance module.
Thanks in Advance,
Regards
Sahil KYou can refer the following for Service Tax configuration
http://wiki.sdn.sap.com/wiki/display/ERPLO/ServiceTaxConfigurationinIndia+(SD)
Service Tax Configuration
For VAT, you'll have to configure Tax procedure, create Tax codes and maintain rates in them.
Ravi. -
Sd taxex... vat, cess on vat and cst taxes
hi guru's
in my scenario client is not relevant for excise...
VAT, cess on VAT and CST taxes are applicable. i need ur inputs to so as there is no CIN involved how should i go about doing these configurations and what condition types i need to use..
still i need to use Tax procedure TAXINN and should i go with the standard condition types.
thanx way in advance.
sureshDear Suresh,
Go to the following path & You have to maintain your pricing procedure and the relevant condition types.
Logistics General > tax on goods Movement>India--> Bsic Settings --> Determination of Excise Duty -->condition based excise determination --> Classify condition types.
__Reward points if it helps you._
Sadanand. -
VAT on Service Tax + Base Price
Dear Expert,
We have set our tax calculation as VAT on base price but some vendors are charging VAT on Base price+Service tax price,
Please advice what changes we have to do to get solution for this.
ThanksWe have set our tax calculation as VAT on base price but some vendors are charging VAT on Base price+Service tax price,
Please advice what changes we have to do to get solution for this.
You need to make new condition type e.g. VAT+ and make that condition calculate base price+service tax price i.e. if base price is 1 and service tax price is 2, the new condition type will have 1 and 2 for the system to calculate both.
This way you will have two VAT's, one for regular VAT which will get calculated on base price and another one just created VAT+ -
Hi experts
I want to create invoice for the vendor catg professional services rendered - General
The Gross Amount is 50000. We are mainiaining the Service Tax Codes also. I want to know the TDS and Service Tax updations for that amountwise entries like..
Ther service tax ecess surchage like accouts will be accumulate with debit balances. What is the further process for these service accounts.
thanks in advance
srinuHi Srinivas,
Can you please tell me how the service tax will get calculated in rental conditions?
I've made the following configuration settings:
Step1: RE-Fx>> Accounting>> Automatically Generated Accounting Documents>> Summarize Documents:
Under this node>> Set Item Summarization "Active" for the particular co. code.
Step 2: Defined service tax under "Tax Type" for country INDIA
Step3: Under the IMG node:
RE-Fx>> Accounting>> Integration FI-GL, FI-AR, FI-AP>> Assign Tax Code:
I've maintained Service Tax (tax type) to the country IN.
Also in the contract under posting parameters tab; i've maintained the Tax Type as Service Tax.
In conditions tab also, when I'm simulating the condition, I'm getting the correct entries, (as shown in the screen shot):
Condition Amount: 20,0000 INR
Net Cnd Crrncy: 20,000 INR (for the month of July)
Tax Cnd Crrncy: 2472 INR.
However, when I'm doing RERAPP; i'm unable to post the condition. Getting the 2 errors (screen shot attached):
1) Tax code S2 does not exist in company code E500
2) Taxes by item is activated; consequently, transfer by item is mandatory
Kindly pl. assist where I'm going worng or any configuration missing due to which I'm unable to execute RERAPP for a condition (with service tax calcultaion) for a commercial lease in contract.
Thanks
Shantanu Kar -
New Tax Code Creation with CST and Service Tax
Hi
I want to know the complete procedure of new tax code creation with CST and Service Tax. I want to know the steps for calculation of % of that Tax Code.
Kindly help me out.
Thanks
Kshipra GHi Expert,
Before creating a Tax Code, Create two Condition Types(T-Code: OBYZ) for CST and Service Tax, which need to Select the below Items
Cond. class - D - Taxes
Calculat.type - A - Percentage
Cond.category - D - Tax
and while creating a Tax Procedure just select the Condition Type of CST and Service Tax and provide the Account Key for both Condition Types.
Assign the GL Accounts to the Account Keys in T-Code: OB40.
Create a Tax Code in T-Code: FTXP, which is to be assigned in T-Code: FV11.
Maintain the percentage in T-Code: FV11, with your Key Combination and
Try this procedure, which will help you...
Regards,
GK
SAP -
Cenvat Utilization and Service Tax
Dear Gurus,
Below mentioned points is comes under Which module (FI/MM/SD)??
1.) Cenvat Utilization
2.) Service tax utilization and maintainance of Service Tax Register
Please provide the Honest Inputs.
Thanks & Regards
Nitin ChhabraHi,
In many of the organisations, finance & accounts departments handles this activities. The entries for CENVAT and Service tax generates from all the three modules. Monthly Utilization, updating the RG registers and statutory tax returns are solely
handled in accounts department.
Regards,
Sadashivan -
Asset PO with Installation charges and service tax?
Hi Sap guru's,
I searched for this topic but could not find answer. I want to create a Asset PO which had Installation charges (with Service tax). Now I want to incorporate the installation charges with its service tax to the asset account. I tries many ways but could not find the solution. Please, help me <removed by moderator>
Thanks,
Karteek.
Message was edited by: Jürgen LHi,
You needs two tax codes!
You PO contains 2 line items, so create 1st line item with a tax code(S1) of 5% non-credit tax and 2nd line item with another tax code(S2) of 12.36% non-credit service tax.
Both tax code S1 and S2 should have created with service tax condition with different tax percentage 5% and 13.62 % respectively where the same service tax condition type should assigned to NVV key in your tax procedure.
Regards,
Biju K -
Excise report ER1 and Service Tax report SC-3
Dear Gurus,
I want to know the following things from the transaction code J2IER1 and J2IC
In transaction code J2IER1, their is one radio button, Details of other payments made. What does it stands for?
In transaction code J2IC, what are the prerequisite for Service Tax SC-3 return.
Waiting for your valuable reply.
Thanks & regards,
Vinayak VaidyaThe J2IER1 - Other Payments Made tab is there only for the format sake. This only complies to the legal requirement of ER1 return. However, no values are filled into this column in SAP from anywhere. This section is essentially meant for filling up the details of payments other than the Excise remittances (like penalties, interest etc.) for the Excise Department. If you have paid any, you can take a print out of this format when you generate ER1 from SAP and fill the details manually.
As for ST-3 returns, it is still not available in a fullfledged manner. You can refer the following note.
Note 1393534 - Service Category determination & Service tax returns (ST3)
This is essentially to support the Annual Return submission process for Service Tax.
Ravi. -
Withholding tax code and Withholding tax type relation
Hi All,
Here is my requirement:
I need to get the WT code description for the tax codes I get in BSIS (BSIS-QSSKZ). The problem is when I try to get the same from T059ZT, I need to have the two key fields WITHT (Indicator for withholding tax type) & WT_WITHCD (Withholding tax code).
But from BSIS I am having only the field QSSKZ (Withholding Tax Code)and not the WT type.
I need to know, how can I get the WT type based on WT code? I tried WITH_ITEM but its of no use, as it has both these fields as key fields.
Thanks in advcane.
AnandHi,
Hi,
I am working on an enhancement for withholding tax.
The withholding tax base has to be calculated in the exit.
I found that MRM_WT_SPLIT_UPDATE is the badi which can be implemented and can contain the logic for the calculation.
The transaction MIRO calls this BADI.But I need to call the BADI even for FB60,FB65,F-43,F-41 and F10.Is this part of configuration.Please let me know how to enhance the withholding tax calculation.
Thanks,
guest -
Dear Expert
How did I can put service tax and vat in same PO line item.?
Pl suggest.
Thanks
MayurHi,
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 -
Hi
I have to put only one tax among VAT,CST and Service tax at a time for a line item.
I am using TAXINN procedure and
planned to use P.org / vendor - VAT and CST ( Since only one will be applicable fr a vendor).
bur for service tax i though of using plant / Material group.
So in my above setup if i put a PO for a vendor both my VAT or CST and Service tax is getting triggered in which i must have only one.
if i use P org / vendor / material - i have lots of data management works wich has to be minimised.
Earliest advice would be useful !!
Thanks
R.Kannan.You can use tax classification ie tax code level, now the issue you will face once you opt for tax code level SAP gives priority to most detail level means to say if you create a condition record using tax code for VAT (JVRD) and you alredy have another record with the same condition type using vendor and plant combination, at document level VAT condition will be called using vendor and plant combination.
Also you can't delete the old condition record wich can effect your old PO doc, the solution will be validity of the condition record which you dont want to get while processing your PO doc. You can take a cut off date and maintain the same date as cut off for the validation (put one date previous date in to date in all condition records). Then maintain the condition records for VAT or CST pr service tax at tax classification tax code as key combination using cut off date as from date while maintaing condition records.
BR -
Transportaion chares and it's service tax
Hi SD Gurus,
My client wants to charge the transportation charges to customers, and on that of 25%, service Tax will be 12%,
What are the condition types for Transportation charges (Freight) and Service Tax? Do I need to create new account keys for them?
My Plant is in EXCISE FREE ZONE.
I am using TAXINN.
Please guide me how exactly my pricing procedure (V/08) should be?
Thanks in advance,
ChaitanyaHi Chaitanya,
Kindly go through the following link this might be helpful for you.
http://scn.sap.com/docs/DOC-42970
Regards
Bhushan Dhande
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