The Allow Free-Form States in Addresses preference controls how the State or Province field in addresses is formatted. This preference determines whether the field accepts free-form text or enforces standard state or province identifiers. Key Details: The preference affects only cases where the state field appears as a body field on a record. For most… Continue reading Configuring the State or Province Field in Addresses
Tag: India localization GST
LUT Bonds
In the context of international trade, a Letter of Undertaking (LUT) is a document that exporters use to declare the intent to fulfill their tax obligations. It is submitted by exporters to the Indian Goods and Services Tax (GST) authorities. By providing an LUT, exporters can supply goods or services without paying GST and claim… Continue reading LUT Bonds
Port Code field from India localization SuiteTax bundle
Port codes are assigned to identify different ports across the globe uniquely. These codes help in streamlining the process of identifying ports for customs and other related purposes. In India, the port codes are assigned by the Central Board of Indirect Taxes and Customs (CBIC). The port codes in India are usually six characters long, with… Continue reading Port Code field from India localization SuiteTax bundle
Setting Default India HSN and SAC Codes on Shipping Item Records
To assign a default India HSN or SAC code on a shipping item record: Go to Lists > Accounting > Shipping. Click Edit next to the shipping record. In the India Tax HSN or SAC Code field, select the default HSN or SAC code for this shipping item record. Depending on your shipping preference, this code applies to both shipping… Continue reading Setting Default India HSN and SAC Codes on Shipping Item Records
GST Tax rate rule creation
It includes how to create GST tax rate rule in India localization suitetax.