Tax Component field in the Tax Jusrisdiction table

chinmoy_unique

Can anybody let me know what is the functionality of Tax Component field in the Tax Jusrisdiction Table?

chengalasettyvsrao

In some States there is scenerio you have to calualate Cess amount, Surcharge amount on VAT .To impose multiple taxes on VAT like cess, surcharge etc.(For Example - Haryana State). These components have to be defined in the Tax Components setup and you need to attach this Tax component to Tax Jurisdictions table. The same information will flow in to Detail Tax Entry table when you book the Invoice and VAT report can be customised to filter the Ecess amount , Surcharge amount .