| # To set up the tax rates This functionality is specific for India. After you define and approve the tax codes, you can set up the tax rates. Take the following steps: In the Tax Handling (tctax0138m000) session, specify the default tax codes for domestic tax, for various kinds of import and export transactions and freight orders for the financial company's home country. You must also select the default tax codes for transactions that are non-taxable. If a tax code applies to a specific item, you can specify the item. Optionally, you can link default tax codes to items in the following sessions: Item - Sales (tdisa0101s000) Item - Purchase (tdipu0101m000) For details, refer to Item tax codes In the Tax Parameters (tctax0100m000) session, specify the order in which SSA ERP uses various methods to determine the tax code and the tax country of taxable transactions. Optionally, use the Test Tax Model (tctax8100m000) session to check whether SSA ERP returns the correct tax code, tax country, and tax rates in specific situations. In the following situations, define tax code exceptions as described in To define a tax exception: If the derived default tax code is incorrect. If you set up withholding tax. For details, refer to To set up withholding tax Related topics To set up a tax declaration To define a tax exception |