Create Tax Code
Define a new tax code with rates, applicability, and accounting configuration
Live Calculation Preview
Invoice Amount
₹1,00,000
+
Tax Amount
₹18,000
=
Total Amount
₹1,18,000
Basic Information
Auto-format: GST-XX, TDS-XXX, IGST-XX, CESS-XX, CUST-XXX
Rate Configuration
%
GST Configuration
Auto-calculated: 9.00%
Half of the total GST rate
Auto-calculated: 9.00%
Half of the total GST rate
Auto-calculated: 18.00%
Same as the total GST rate
Reverse Charge Applicable
Enable if the recipient is liable to pay tax under reverse charge mechanism (RCM)
Input Tax Credit Eligible
Enable if input tax credit (ITC) can be claimed on purchases under this tax code
TDS Configuration
₹
TDS is applicable only when payment exceeds this threshold
%
Fixed: 4.00%
Mandated at 4% on tax + surcharge