Tax Heads

Introduction

Tax is levied by the government in certain brackets, i.e there are certain components of a tax which sum up and make the final trans-actionable amount. For example a property tax could have swatch-ta tax, fire cess and certain other components which sum up and make a final amount.

Data Table

Sr. No.

Tax Head Code*

Service Name*

Tax Head Name*

1

PT_UNIT_PENALTY

PT

PT Penalty

2

PT_UNIT_EXEMPTION

PT

PT Exemption

Note: The data given in the table is sample data

Procedure

Data Definition

Sr. No.

Column Name

Data Type

Data Size

Is Mandatory?

Description

1.

Tax Head Code

Alphanumeric

64

Yes

The code for the tax that is being levied.

2.

Service Name

Text

256

Yes

This is the module or the name of the service for which the tax head is being mentioned.

4.

Tax Head Name

Text

256

Yes

This is the name/description of the tax head.

Steps to fill data

  1. Download the data template attached to this page.

  2. Get a good understanding of all the headers in the template sheet, their data type, size, and definitions by referring to the ‘Data Definition’ section of this document.

  3. In case of any doubt, please reach out to the person who has shared this template with you to discuss and clear your doubts.

  4. Get all the tax heads for a particular module and then proceed to the next module.

  5. Verify the data once again by going through the checklist and making sure that each and every point mentioned in the checklist is covered.

Checklist

The checklist is a set of activities to be performed on the data is filled into a template to ensure data type, size, and format of data is as per the expectation. These activities have been divided into 2 groups as given below.

Common Checklist

This checklist covers all the activities which are common across the entities.

Sr. No.

Checklist Parameter

Example

Sr. No.

Checklist Parameter

Example

1

Make sure that each and every point in this reference list has been taken care of.

Checklist

Entity Specific Checklist

Not Applicable

Attachments

  1. Configurable Data Template - Tax Head

 

2. Configurable Sample Data - Tax Head