Financials for India - EBS (MOSC)

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Concerns over Transition provisions v/s India GST - Final Release (Doc ID 2267420.1)

in Financials for India - EBS (MOSC) Question

Experts,

Have you gone through the note 2267420.1 ?

Per the document point 2 on 'Enablement Patch', once the enablement patch is applied, "it will enable the GST functionality as the active regime and the existing Oracle Financials for India functionality and setups will no longer be transactional, but information will remain accessible." and also "enablement is one time only and is not reversible"

This approach poses serious practical challenges for business. Consider the scenarios:

1. Businesses will/may have received goods/services prior to GST Go-live date but invoices may be received after GST Go-live date.

2. Businesses will/may have goods in-transit (having Excise/VAT taxes) at time of GST Go-live but goods may be received post GST Go-live date.

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