Topic: Tax on Inventory Items
Hi All,
In INDIA we have 2 types of Taxes the Central Tax(CST) and the State Tax(VAT).
There are Multiple options that are possible for the same item.
1. Purchase in CST and Sell in VAT
2. Purchase in VAT and Sell in CST
3. Purchase in CST and Sell in CST
4. Purchase in VAT and Sell in VAT.
I have been able to configure options 3 and 4 only, using taxes option in FA.
Could someone please guide me how to configure options 1 & 2.
Thanks in advance.
Nitin Jain