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Composite Sales Order Booking

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Hi Experts,

I have got one requirement to book both VAT and service tax in same Sales Order line item. Client wants taxes to be charged on a ratio(say 60:40 or 70:30) of line item value. 

e.g.

Line item value(PR00)=1000 Rs

 

VAT@5% on 60%=30 Rs  (tax code VAT 3%)

 

Service tax@14%on 40%=56 Rs (tax code service tax 5.6%)

 

There will be multiple types of ratios in future. Do I need to make multiple tax codes for VAT and service tax?


Please advice.

 

Regards

 

Vikas


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