Procurement - EBS (MOSC)

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Does India Localization applicable for Indirect Purchases

edited Apr 13, 2016 5:20AM in Procurement - EBS (MOSC) 1 commentAnswered

Hi,

My Client is implementing Oracle for India. We do have Manufacturing Items as well as Indirect Purchases. Indirect purchases includes Catalogs, Non-Catalogs. Client uses Iprocurement tool to create the transactions. So when User creates requisitions and later Purchase Orders got created. Do they need to claim the taxes.. Can we do the taxation part in payables. I understand the user should claim the tax and then only AP team can create the invoice.

My Client doesn't want to give it to user. How the process flows for a Category based items... What are the taxes applicable in general ?

Regards,

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