Duty and tax deals with the item’s corporate responsibilities like VAT, CENVAT, excise, etc.
Fields & its Description:
In Duty, Excise and CENVAT Applicable, specify if the item is subject to duties, excises and CENVAT taxes respectively.
Select the tax table where the item belongs from this field.
There will be instances where the item might require a different tax type setting and this must indicated in this field.
Stock items will be covered by a VAT commodity and you are advised to specify it for this particular item.
Duty tables are used to define various taxes, select the duty table where this item belongs.
Claiming VAT may be of various types and you can specify this by selecting any of the given options. There are choices for reclaiming and exemptions along with credit based VAT claims. If none of the options are applicable then select None.
This is the government prescribed duty tariff for the products which are usually grouped.
Specify the unique excise form type of the item here
Revisions
- May 21, 2015 @ 13:40:13 [Current Revision] by vv
- May 21, 2015 @ 13:40:13 by vv
- May 21, 2015 @ 13:39:03 by vv
Revision Differences
There are no differences between the May 21, 2015 @ 13:40:13 revision and the current revision. (Maybe only post meta information was changed.)