GST implementation in sap mm
Brief Requirement:
Goods and Services Tax (GST) is an indirect tax throughout India to replace existing multiple taxes levied by the central and state governments.
Applicable GST rates are determined by the combination Nature of Purchase and Harmonized System of Nomenclature (HSN) code assigned to material.
CGST Central Goods and Service Tax
SGST State Goods and Service Tax
IGST Integrated Goods and Service Tax
For complex Supply Chain scenarios where multiple goods movements, subcontracting, consignment, etc. are involved, this might not be an efficient solution for GST implementation. SAP recommended Notes and Patches should be followed in this case.
Configuration Steps:
Steps t-code
Assign Tax Procedure to Country OBBG
Define Tax Access Sequence OBQ2/OBYZ
Define Condition Types(Tax) OBQ1/OBYZ
Create account keys OBCN
Define Tax procedure OBQ3/OBYZ
Assign GL to account keys & GL OB40
Create Tax code in Country FTXP
Maintain Tax Codes for Excise Duties Using Condition Technique SM30 – J_1ICONDTAX
Maintain Tax Condition Records FV11