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.