1. Payments Core User Guide
  2. Payment Maintenance
  3. India Payments Maintenance
  4. India Tax Preference

India Tax Preference

The India Tax Preference screen allows users to maintain GST State Code and Transaction Branch. India Tax Preference applies to the transactions booked with the following payment types:
  • NEFT
  • India RTGS
  • IMPS
  • Book Transfer
  • Cross Border

Note:

For Book Transfer and Cross Border, it is applicable only for GST Tax application.

  1. On Homepage, specify PMDINTXP in the text box, and click next arrow.
    India Tax Preference screen is displayed.

    Figure 2-240 India Tax Preference

    Description of Figure 2-240 follows
    Description of "Figure 2-240 India Tax Preference"
  2. Click New button on the Application toolbar.
  3. On India Tax Preference screen, specify the fields.

    Table 2-127 India Tax Preference - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    GST Code Specify the GST Code from the list of values. All valid GST Codes maintained in the system is listed. This is a mandatory field.
    Description System defaults the description for the GST Code selected.
    Branch Code Specify the Branch Code from the list of values. All valid Branch Codes maintained in the system is listed. This is a mandatory field.
    Branch Description System defaults the Branch Description of the Branch Code selected.

    Note:

    The GST Processing for Tax Types are derived as follows based on the GST State and Transaction Branch defined:
    • If the GST states derived are same, only INTRASTATE components are applicable and INTERSTATE components are marked as not applicable.
    • If the GST states derived are different, only INTERSTATE components are applicable.

    For more details on Tax Type - INTRASTATE / INTERSTATE related maintenance, refer to Pricing User Guide.

Parent topic: India Payments Maintenance