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Order Management - EBS (MOSC)

Additional 1% tax on cash sales exceeding Rs.2 lakh

Apr 6, 2016 12:10AM edited Apr 19, 2016 5:00AM in Order Management - EBS (MOSC) 1 commentAnswered

Hi,

As per the budget 2016-17 new amendment additional 1% tax need to be collected form customers for cash sales exceeding Rs.2 lakh u/s 206 C.

This will be applicable from 01-Jun-16 on wards.

How to incorporate this in system , anybody have idea about this kindly share your views.

Regards,

Shiva.

Tagged:

EBS_OM_OrdertoCash

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