KKC: Krishi Kalyan Cess not Updating Repository for AR Transaction (Doc ID 2142787.1)

Last updated on AUGUST 19, 2016

Applies to:

Oracle Financials for India - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

 On : 12.1.3 and 12.2.x version, India AR Localizations

ACTUAL BEHAVIOR
---------------

KRISHI KALYAN CESS was not getting updated in the repository and hence not getting reflected in the Settlement screen

EXPECTED BEHAVIOR
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KRISHI KALYAN CESS is similar to Service Tax and Swach Bharat Tax ,hence it should be processed via India - Service Tax Processing Program and update the Service Tax Repository.

STEPS
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The issue can be reproduced at will with the following steps:

1. Enter AR Transaction via Enter Transaction India Localization form.
2. Apply Krishi Kalyan Cess Tax on this Transaction.
3. Complete the Transaction and run the India - Service Tax Processing program.
4. Check the Repository via 'Service Type Review' form.
5. Observed that the Krishi Kalyan Cess not updated in the Repository form.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot perform the settlement for the Krishi Kalyan Cess,hence no Payment to Tax Authorities,resulting in the huge Tax penalties.

Cause

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