Indian TAX handling ?

shaji123

Can someone help how can I handle Indian Tax.

kriki

[Topic moved from 'NAV 2009' forum to 'NAV/Navision' forum]

ssingla

Which specific tax info you are looking at?

chengalasettyvsrao

shaji123 wrote:

Can someone help how can I handle Indian Tax.

when it comes Taxes in India

a) Excise (Tax on Manufacturing)
b) VAT (Tax on Sale/Purchase within State)
c) CST (Central Sales tax for sale/purchase outside state)
d) Service Tax (Sales/Purchase of Services)
e) Service Tax - GTA (Sales/Purchase of Services in the nature of Transport of Goods)
f) TDS (Tax Deducted on Source : Simmilar to Witholding tax but with complex requirements)
g) TCS (Tax Collected on Source : Charged on Sales invoice for specific category of goods)
h) WCT (Work Contract Tax : Charged on Sales Invoice where services jointly with material is sold)
i) Octrol/Entry Tax (Tax for using infrastructure such as roads, applicable when the transport vehicle enter certain areas)
j) FBT (Fringe Benefit Tax : Tax on perks provided by company to employees which are not covered in Employees personal income tax)

Well I am just giving an idea.

Out of all these what you are looking .

ssingla

chengalasettyvsrao wrote:

shaji123 wrote:

Can someone help how can I handle Indian Tax.

when it comes Taxes in India

a) Excise (Tax on Manufacturing)
b) VAT (Tax on Sale/Purchase within State)
c) CST (Central Sales tax for sale/purchase outside state)
d) Service Tax (Sales/Purchase of Services)
e) Service Tax - GTA (Sales/Purchase of Services in the nature of Transport of Goods)
f) TDS (Tax Deducted on Source : Simmilar to Witholding tax but with complex requirements)
g) TCS (Tax Collected on Source : Charged on Sales invoice for specific category of goods)
h) WCT (Work Contract Tax : Charged on Sales Invoice where services jointly with material is sold)
i) Octrol/Entry Tax (Tax for using infrastructure such as roads, applicable when the transport vehicle enter certain areas)
j) FBT (Fringe Benefit Tax : Tax on perks provided by company to employees which are not covered in Employees personal income tax)

Well I am just giving an idea.

Out of all these what you are looking .

Looks similar to
http://mibuso.com/forum/viewtopic.php?f=23&t=32772