OFI: Regarding Third Party Registration
In third party registration (suppliers) and under reporting codes section we have various Reporting Type Name as below
- Division Type for Third Party
- JAI SERVICE TYPE
- Range Type for Third Party
- Vendor Classification
What is the purpose of each of the above and how can I use the above to derive/default tax ? How I can use the above for reverse charge & other services ?. Please can you clarify and elaborate in detail with example