Define Tax - Oracle Financials for India GST India

What is Tax ?

Tax is a Classification of Charge Imposed by Government through Tax Authority


    New Taxes can be Created Using the Define Tax Type Form. In the GST Regime, There are Three Major Taxes which would be created


1. Central Goods and Service Tax –CGST


2. State Goods and Service Tax –SGST

3. Integrated Goods and Service Tax – IGST 

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Oracle Financials For India --->Tax Configuration--->Define Tax Type