| # Master data set-up The master data set-up required to implement the GST functionality in India: In the India Localization Parameters (tccom9136m00l) session, select the GST Implemented check box. Note You must not select this check box if you want to implement the excise/VAT functionality. In the Tax Codes by Country (tcmcs0536m000) session, create a tax code. In the Indirect Tax field, you can specify the type of GST for the tax code. GST can be classified into: Central Goods and Service Taxes (CGST): The taxes are levied by the Central government. State Goods and Service Tax (SGST): The taxes are levied by the state government. Integrated Goods and Service Tax (IGST): The taxes are levied by the Central government on the supply of goods and services for interstate transport of goods. Note: You must specify the GST tax code of the type aggregate tax in the Aggregate Taxes (tctax9141m00l) session. Set the Amount Origin field to Assesable Value For GST. This field indicates how GST must be levied on transactions for which the taxable amount differs from the transaction amount. In the Registration Numbers By Financial Company (tctax9140m00l) session, set the Category field to GSTIN to define the GSTIN for a warehouse, company, or a sales office. Note: For a specific combination of warehouse, company, or a sales office, Infor LN defaults this number, if GST is applicable for a transaction. In the Registration Numbers By Financial Company (tctax9140m00l) session, set the Category field to GSTIN to define the GSTIN for a business partner. In the GST Exception Item List (tccom9135m00l) session, specify the items for which GST is not applicable. Excise taxes and source states' taxes are applicable for these items. Note If the Effective check box is not selected, GST is applicable for the item. For Infor LN processes related to Purchase, Sales, Warehousing and so on, if the GST functionality is implemented: Infor LN defaults the tax code applicable for the receiving address state(location) of the business partner. Note: The tax code is an aggregate tax code. The tax rates are based on the receipt date specified on the order line. I Infor LN sets the ASV Origin for GST field to Order Line. This indicates that the taxes are based on the order line amount. The assessable value for CGST and SGST is the same (order line amount). Note: You can set the ASV Origin for GST field to Manual to specify an alternate amount for tax calculation. Infor LN defaults the GSTIN of the purchasing organization based on the location (state) of the receiving warehouse in the Registration Number Sequence (Own) field,. Note: The GSTIN number must be valid on the date the order is created. Infor LN defaults the GSTIN of the supplier based on the location (state) of the ship-from address in the Registration Number Sequence (BP) field. You must specify the HSN code if the item is a physical item. Note: The HSN code is displayed in the GSTR Reports, and must be specified. You must specify the SAC if the item is a service or a cost item. Note: The SAC is displayed in the GSTR Reports, and must be specified. For items listed in the GST Exception Item List (tccom9135m00l) session, Infor LN implements the Excise functionality incase the item or the warehouse is excisable. For the items not listed in the GST Exception Item List (tccom9135m00l) session, Infor LN selects the GST Applicable check box, by default. If this check box is not selected, Central Excise, VAT, and Service Tax functionality are implemented. Related topics Introduction to GST Impact of GST on the Warehouse Transfer process Impact of GST on the Sales Order process Impact of GST on the Purchase Order process Impact of GST on Project processes Impact of GST on Service processes Impact of GST on the Maintenance lines Impact of GST on Supplier Claim Process Impact of GST on Customer Claim Process The Input Tax Credit process |