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Re: Tax rate change of export Excise invoice - India

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Hi Allen,

 

The Changes in Duty of Excise had come into effect the Financial Budget 2015, Where Education Cess and Secondary and Higher Education Cess were no longer Applicable on Duties of Excise.

Hence, there are 2 ways to resolving this issue.

1. Create New Tax Codes with Basic Excise Duty Only and Maintain the same in FV11. ( Depending upon the Kind of Config. of your System.

2. In FV11 for the Condition Record of Education Cess and Secondary and Higher Education Cess, Maintain the End Date as 28.02.2015, if you want to Continue using the Old Tax Code's.

 

Regards

Rakesh Goenka


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