tax code is used in Taxxinn procedure to map the taxes. if material is excisable then manufacturing company used to get the credit during good receipts.During good receipts we need to capture Part I & Part II. part I is for quantity & part II is for value. t.code to create tax code is FTXP. we can maintain input tax or output tax. input taxes is used during po creation & output tax is used used sales order creation. after creation of tax code we need to maintain condition records.t.code for condition records is FV11. FOR E.G tax code created is F4 (12.36% CENVAT + 0% vat).condition records would be
JMOP:12%
JMX1: 100% SET OFF
JCE1: 2%
JEX1: 100% SET OFF
JSEP : 2%
JHX1 : 100% SET OFF
Regards;
Rahul Bhagudia