9.4.5 Applying Tax

When you define a product, you can specify if tax has to be applied on rolled-over loans. For tax to be applicable on a rolled-over loan:
  • It should be applicable to the product involving the loan.
  • It should not have been waived for the old loan.
If you have that tax is applicable to the rolled-over loan, then through this screen, you can waive it for the rolled-over contract.