Financials for India - EBS (MOSC)

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Works Contracts Tax Setup

edited Jul 20, 2011 5:53PM in Financials for India - EBS (MOSC) 3 commentsAnswered
 Hi to all,

I am currently doing works contract tax setup (india). Completed the lookup codes and vendor and vendor site setups. however when i go for validation of invoice after selecting work contract tax in involice distribution, I getting error "Threshold is not defined"

Can any body guide me how to do threshold setup for work contract tax. when i go to threshold setups it gives regims only for TDS,TCS,VAt and Service tax. Any documents available for same. I got the WCT white paper of oracle where the threshold setups are not mentioned at all for WCT

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