29.4 Bank Guarantee Settlement - Charges Commissions and Taxes

This topic provides the systematic instructions to capture the Charges Commissions and Taxes details in the application.

This tab captures the charges and taxes for the bank guarantee claim settlement application process.

The user can select the account number from the demand deposit and corporate deposits account list that displays the account number along with the account name, account currency and account branch.

  1. Specify the Charges Commissions and Taxes details.

    Figure 29-7 Bank Guarantee Settlement - Charges Commissions and Taxes
    Description of bank-guarantee-settlement-charges-commission-and-taxes.png follows
    Description of the illustration bank-guarantee-settlement-charges-commission-and-taxes.png

    Note:

    The fields which are marked as Required are manadatory.

    For more information refer to the field description table below:

    Table 29-6 Bank Guarantee Settlement - Charges Commissions and Taxes - Field Description

    Field Name Description
    Charges This section displays the Charges details.
    Account No Select the account which will be charged for the specific charge.
    Description of Charges Displays the description of the charges.
    Amount Displays the amount that is maintained under the charge.
    Total Charges Displays the total charge that will be levied in the transaction.
    Commissions This section displays the Commission details.
    Account No Select the account from which the commission will be taken.
    Description of Commissions Displays the description commission applicable.
    Amount Displays the amount that is maintained under the commission.
    Total Commission Displays the total commission amount.
    Taxes This section displays the Taxes details.
    Account No Select the account from which the taxes will be taken.
    Description of Taxes Displays the description taxes applicable.
    Amount Displays the amount that is maintained under the taxes.
    Total Taxes Displays the total Taxes amount.
  2. In the Charges section, select the appropriate account, from the Account No list.
  3. Perform any one of the following actions:
    • Click View Guarantee Details link at top right corner of the screen to view the bill details.

      The View Outward Guarantee screen appears.

      Click Next to save the entered details and proceed to the next level.
    • Click Cancel to cancel the transaction, The Dashboard appears.
    • Click Back to navigate back to previous screen.

Parent topic: Bank Guarantee/Stand By LC Settlement