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GST: Incorrect Assessable Value is populated when there is no value defined in the price list of that item. (Doc ID 2648363.1)

Last updated on JUNE 12, 2023

Applies to:

Oracle Financials for India - Version 12.1 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Assessable value is not defaulted from assessable price list when the item is not defined in the same.

EXPECTED BEHAVIOR
-----------------------
Assessable value should be defaulted from price list and be blank if not defined

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create an inter org transfer transaction
2. Navigate to India Tax Details and select assessable price list
3. If the item is not defined in the a random value is defaulted instead of blank

BUSINESS IMPACT
-----------------------
Transactions with incorrect tax amount are getting created resulting into Tax compliance.

Changes


 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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