How To Claim VAT Input On Capital Goods (Doc ID 2148957.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Financials for India - Version 12.2.4 and later
Information in this document applies to any platform.

Goal

How to Map the VAT Input tax credit requirement to the current India Localization functionality.

As the VAT is a state specific, we need to capture 33%(Delhi) per year for capital goods.

Pl. clarify.
 

Solution

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