Setting Up a Level Cost for a Combination of Tax Type and Tax Regime
Access the Tax P2P Setup form.
- Level Cost
Enter a user-defined code from UDC table 40/CA that designates the add-on cost. This code also specifies the sequence of the cost add-ons for a particular item or group of items. Examples are:
2: Packing and forwarding charges
3: Excise Duty
4: Education CESS 2%
- Recoverable
Enter a user-defined code from UDC table 75I/RF to indicate whether the tax type is recoverable. Values are:
N: Not Recoverable
Y: Recoverable
- Deferred
Enter a user-defined code from UDC table 75I/FD to indicate whether the tax type is deferred. Values are:
N: Not deferred
Y: Deferred