My Oracle Support Banner

EAP: India Sales Tax/VAT Requirement to Calculate Tax on Some Percentage of Basis Amount (Doc ID 1957355.1)

Last updated on MARCH 05, 2018

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 and later
Information in this document applies to any platform.


The business requirement is to calculate Service Tax of 12% on 70% of the Voucher Base Amount and VAT of 12.50% on 60% Base Amount.


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.