Tax Adjustment Tax Transactions (lpind5546m000)

Use session to view and maintain the tax amount for the reversal of Input Tax Credit (ITC). This tax amount is used to post as ITC reversal. This session displays the tax amounts by indirect tax type.

Field Information

Tax Line Sequence

The sequence number in which the sales/purchase tax invoice line are displayed. The tax amount for the reversal of Input Tax Credit (ITC) are maintained.

Tax Type

The indirect tax type by which the ITC tax reversal amounts are displayed.

Allowed values

State GST
Central GST
Integrated GST
Union Territory GST
GST Cess
Social Welfare Surcharge
Kerala Flood Cess
Not Applicable
Basic Custom Duty

Tax Code

The code associated with the type of tax.

Tax Base Amount HC

The base tax amount in the Home Currency. The tax amount is calculated as Tax Percentage Tax Percentage charged on the Tax Amount.

Currency

The code of the Home Currency in which the tax base amount is expressed.

Tax Percentage

The Tax Percentage charged to the transaction.

Tax Amount

The total tax amount in the Home Currency.

Financial Company

The code of the Financial Company for which the Tax Adjustment Tax Transactions are defined.

Tax Year

The year for which the tax adjustment tax transactions data is displayed.

Tax Period

The period of the tax year for which the tax adjustment tax transactions data is displayed.

Tax Adjustment Reason Code

The code indicating the reason for reversal of ITC.

Identification Number (OWN)

The unique alphanumeric code issued by the tax registration authority. This code is used to identify the enterprise in the country of issue. The length and the combination of the ID differs by country.

Transaction Type

The code of the transaction type associated with the tax transactions.

Document

The sales/purchase invoice document number.

Document Lines

The sequence number of the document order line.