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Financials for India - EBS (MOSC)

Krishi Kalyan Cess Tax Setups for 11i and R12.0.6

May 18, 2016 2:25AM edited May 26, 2016 5:03AM in Financials for India - EBS (MOSC) 4 commentsAnswered

Hi

What are the setups required with respect to Krishi Kalyan Cess Tax @0.5% in Oracle 11i and R12.0.6 ?

Whether the Tax is Recoverable or otherwise?

Whether Tax is required in Sales Or Purchase?

Tax Account code should be Asset or Liability etc?

Rgds

Ramesh

0

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