Legal Jurisdictions
You need to define the legal jurisdiction for India.
An example of a legal jurisdiction in India is Company Law.
Define Legal Jurisdictions:
or select Manage Legal Jurisdictions in the implementation project task list.
Use the following steps to define the legal jurisdiction
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Click Create.
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Enter the following details:
Field Description Name A unique name for the legal jurisdiction you're creating. Example: Professional Tax or Provident Fund. Territory Select India with the Geography type as country. Legislative Category Select the legislative category from the list such as Labour Welfare Fund, Professional Tax or Provident Fund. Identifying Select No. The Identifying jurisdiction is automatically associated with the Legal Entity.
Note: India Company Law is the predefined Identifying Jurisdiction that's available in India. You should not create any other jurisdiction as Identifying jurisdiction for India.Legal Entity Registration Code This is the code with which the legal entity is registered with the jurisdiction. Example: Permanent Account Number for income tax, NPS Registration Number.
Legal Reporting Unit Registration Code Select the appropriate Legal Reporting Unit Registration Code. The following registration numbers have been predefined for the India localization:
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ESI Employer Number
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LWF Employer Number
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PF Establishment Number
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PT Registration Number
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NPS Registration Number
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TAN Number.
Note:India Income Tax is the predefined jurisdiction for India. You don’t need to define the jurisdiction with Legal Reporting Unit Registration Code as TAN Number.
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Save the legal jurisdiction details.