Assigning a Tax Type to a Tax Regime

Access the Add/Update Tax Groups form.

Tax Regime

Enter the India tax regime from UDC table 75I/GR that is assigned to the selected tax type. Examples are:

EXC: Excise Duty

OCT: Octroi

GST: Goods and Service Tax

CUST: Custom Duty

Tax Type

Enter a user-defined code from UDC table 75I/GT that identifies a tax type associated with the adjustment. Values are:

AED: Additional Excise Duty

BED: Basic Excise Duty

CESS: Education Cess

CVD: Counter Veiling Duty

CGST: Central Goods and Service Tax

IGST: Integrated Goods and Service Tax

INTR: Interest - TDS

CVDCS: Education Cess - CVD

FRT: Freight

OTHR: Other - TDS

PF: Packaging and Forwarding

SED: Special Excise Duty

SGST: State Goods and Service Tax

ST: Service Tax

STCS: Education Cess - ST

SUR: Surcharge

TCS: Tax Collected at Source

TDS: Tax Deducted at Source

TOT: Turn Over Tax

VAT: Value-added Tax

GCESS: GST Cess

*ALL: All tax types

Rounding Value

Enter the value to which the calculated taxes should be rounded. The system does not allow you to enter zero or to leave it blank for any tax type including *ALL.