Attention: To align with new corporate security policies, and to match policies adopted by other communities within Oracle, the My Oracle Support Community access requirements will change beginning September 18, 2025. MOSC will now require that member accounts in our community be associated to a *corporate* email address. This means that users with generic domains (such as gmail.com, yahoo.com, and others) will no longer be granted access to the discussion forums and ideas labs. If this policy affects you, act now to change the email address that is associated with your Oracle (and community) account. Alternatively, you can opt to create a new Oracle account that uses your corporate email domain.

E-Business Tax (MOSC)

Tax on Tax Setup in E B Tax (Cess on Tax)

Nov 28, 2024 10:37AM in E-Business Tax (MOSC) 1 commentAnswered

Hi Team

We have requirement of charging Cess 1% on VAT Tax calculated on AP Invoice.

Example

10,000.00 Taxable Value (AP Invoice)
1,000.00 10% VAT on above
10.00 1% Cess on VAT Amount (i.e. 1% of 100.00)

Is there any way to setup Cess in Oracle E B Suit (R12 - 12.2.7)

Please let me know in case anyone of you knows how to setup this.

Warm regards
Santosh Lagu

0

Howdy, Stranger!

To view full details, sign in to My Oracle Support Community.

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month