4.10 Levying Tax on a Loan Contract

The tax details specified for the product to which the loan is associated is automatically applied to the loan. However, while processing a loan, you can waive the application of tax.

Specify the User ID and Password, and login to Homepage.

From the Homepage, navigate to Loans and Commitment - Contract Input screen.

  1. On the Loans and Commitment - Contract Input screen, click Tax tab.
    The Tax Details screen is displayed.
  2. For more information relating to levying tax on a contract, refer to the Tax User Manual.