what taxes come under India localization

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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krishnareddy.erp
Posts: 12
Joined: Sat Jun 02, 2007 9:38 am
Location: India

what taxes come under India localization

Post by krishnareddy.erp »

Hi Guru's

i am new to India localization. can any body tell me what Taxes comes under India localization.


Relies highly Appreciative
kittu.
balbanu@yahoo.com
Posts: 15
Joined: Thu Nov 06, 2008 6:10 am
Location: India

Post by balbanu@yahoo.com »

Hi,

we need to define all type of taxes such as excise, custom, VAT, CENVAT and Sales tax (if applicable for some states based on client requiremnet)which should meet indian tax requirement. The Tax rate would include tax rate variation based on Supplier wise, item wise and location based tax. Please update on this if i miss something.

Thanks,
Balaji J.
chandramohan666
Posts: 1
Joined: Sun Oct 21, 2007 4:39 am
Location: India

Post by chandramohan666 »

Hi,

VAT,CenVAT,Custom,TDS,Service Tax,CST,Excise Duty will come India localization.We have to define individually each tax codes.

Regards,
Chandramohan Reddy
krishnareddy.erp
Posts: 12
Joined: Sat Jun 02, 2007 9:38 am
Location: India

Post by krishnareddy.erp »

Hi chandramohanreddy,

Thanks for u r post. can u pls send documents regarding india Localizations.
pls send me to my mail :krishnareddy.mallidi@yahoo.co.in


It will be great help to me.

Thanks in Advance.
Krishnareddy
ejbsridhar
Posts: 33
Joined: Wed Jun 11, 2008 10:08 am
Location: India

Post by ejbsridhar »

Hai

You may download from
http://download.oracle.com/docs/cd/B400 ... docset.htm
and
Implementation Guide - India Localization.pdf' (Metalink Note # 334668.1)
India Localization URM-IN60106.pdf' (Metalink Note # 334838.1)
India Localization VAT URM.pdf' (Metalink Note # 334823.1)
Service_Tax_FAQ.pdf' (Metalink Note # 335113.1)
Value_Added_Tax_FAQ.pdf' (Metalink Note # 335940.1)


Documentation repository for Oracle Financials for India
Note:471249.1
Oracle India Localization Setup User's Reference Manual
Note:334838.1
from metalink

by
Sridhar
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