| # Multiple tax registration numbers This functionality is specific for India. A tax registration number is a unique number assigned to a financial company by the tax authorities. Your company and your business partners require separate tax registration numbers for various kinds of tax. Tax can be levied at the following levels: Country City State Entity Each tax registration number is identified by a separate sequence number. The tax registration number is defaulted by LN on each invoice. You must set up multiple tax registration numbers for your company in the Registration Numbers By Financial Company (tctax9140m00l) session. It is mandatory to enter registration number (own) for every transaction. Other tax registration numbers cannot be retrieved from the master data and therefore, these are part of the transaction details. If your company and the business partner are at the same location, then for each transaction, the local sales tax registration number or VAT registration number is defaulted by LN. Related topics To set up tax registration numbers for your own company Multiple tax registration numbers for business partners |