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    s4hana work
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    The document discusses Goods and Services Tax (GST), an indirect tax implemented throughout India to replace existing taxes, which has different rates determined by the nature of purchase and Harmonized System of Nomenclature (HSN) code assigned. It notes that for complex supply chain scenarios, simply following GST implementation may not be efficient and SAP recommended notes and patches should be followed instead. It then provides the configuration steps using various SAP transaction codes to properly set up GST in SAP.

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    The document discusses Goods and Services Tax (GST), an indirect tax implemented throughout India to replace existing taxes, which has different rates determined by the nature of purchase and Harmonized System of Nomenclature (HSN) code assigned. It notes that for complex supply chain scenarios, simply following GST implementation may not be efficient and SAP recommended notes and patches should be followed instead. It then provides the configuration steps using various SAP transaction codes to properly set up GST in SAP.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    6 views1 page

    GST

    Uploaded by

    s4hana work
    The document discusses Goods and Services Tax (GST), an indirect tax implemented throughout India to replace existing taxes, which has different rates determined by the nature of purchase and Harmonized System of Nomenclature (HSN) code assigned. It notes that for complex supply chain scenarios, simply following GST implementation may not be efficient and SAP recommended notes and patches should be followed instead. It then provides the configuration steps using various SAP transaction codes to properly set up GST in SAP.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Goods and Services Tax (GST) is an indirect tax throughout India to replace

    existing multiple taxes levied by the central and state governments.

    Applicable GST rates are determined by the combination Nature of Purchase and
    Harmonized System of Nomenclature (HSN) code assigned to material.

    CGST Central Goods and Service Tax


    SGST State Goods and Service Tax
    IGST Integrated Goods and Service Tax

    For complex Supply Chain scenarios where multiple goods movements, subcontracting,
    consignment, etc. are involved, this might not be an efficient solution for GST
    implementation. SAP recommended Notes and Patches should be followed in this case.

    Configuration Steps:

    Steps t-code
    Assign Tax Procedure to Country OBBG
    Define Tax Access Sequence OBQ2/OBYZ
    Define Condition Types(Tax) OBQ1/OBYZ
    Create account keys OBCN
    Define Tax procedure OBQ3/OBYZ
    Assign GL to account keys & GL OB40
    Create Tax code in Country FTXP
    Maintain Tax Codes for Excise Duties Using Condition Technique SM30 – J_1ICONDTAX
    Maintain Tax Condition Records FV11

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