India GST - P75I809 - Set up Tax Rates. Why is this required for HSN Code?
Hello Community Members,
I am referring Chapter 32.9 on setting up Tax Rates for GST.
Processing Option of P75I809 allows a user to set up Tax Rates for HSN Code. However, the user guide prescribes the use of Landed Cost functionality for HSN-based transactions. It has also elaborated how we have to tie up Tax Rule, Tax Regime, Tax Type to Level Cost.
Question is, why do we have to use P75I809 to set up Tax Rates for HSN codes?
Regards,
Puru