Advanced Search
Login
Register
Day mode
Select Language
English
SAP Docs
Browse articles
Pages
My Pages
Liked Pages
More
SAP Forum
Explore
Popular Posts
Open to work posts
SAP Docs
SAP Forum
My Pages
See all
SAP Forum
Browse Forum
Members
Search
My Threads
My Replies
Reply > Required material tax classification for sales with GST
Subject
<strong>Oliwia wrote:</strong><p></p><p>Yes, in the context of sales with GST (Goods and Services Tax), the Material Tax Classification is indeed required. The Material Tax Classification is used to determine the tax rate applicable to a particular material or product during the sales process.</p> <p>In SAP SD, the Material Tax Classification is assigned to each material master record. It helps in determining the correct tax code for the material when creating sales orders, deliveries, and invoices. The tax code is then used to calculate the tax amount based on the tax rate defined for that particular tax code.</p> <p>The Material Tax Classification is an important aspect of GST compliance as it ensures that the correct tax rates are applied to the sales transactions. It helps in accurately calculating the tax liability and generating the necessary tax reports for compliance purposes.</p><p></p>
Reply
Load more
Load more
Edit Offer
Add tier
Tier title
Tier price
Benefits
Chat
Chat without audio and video call
Chat with audio call and without video call
Chat without audio call and with video call
Chat with audio and video call
Live Stream
Tier description
Tier image:
Select an image
Delete your tier
Are you sure you want to delete this tier?
Pay By Wallet
Payment Alert
You are about to purchase the items, do you want to proceed?
Request a Refund
Please explain the reason
