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India Training AR Invoices Tax Requirements

edited Dec 18, 2013 11:36AM in Receivables - EBS (MOSC) 1 commentAnswered
There is a requirement in India to have 3 taxes detailed on the invoice – 12% taxed on the training course, then 2% Education Cess which is 2% of the service tax, then 1% of the Service Tax for Secondary & Higher Eduction. These taxes will be setup for all training invoices. Any idea how to achieve this by using EBTax?

Requirement:

Service Tax @ 12%

Education Cess @ 2% on service tax                                                

Secondary & Higher Education Cess 1 % on service tax  

          

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