SAP Knowledge Base Article - Preview

2898812 - Amendment to Section 206C TCS - Updates

Symptom

In the recent budget for Fiscal year 2020, a new amendment was introduced with respect to TCS (Tax Collected at Source) for section 206C. This knowledge based article aims at helping customers receive notifications regarding the solution.


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Environment

  • Financial Accounting
  • SAP ERP Central Component
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA
  • SAP S/4HANA
  • SAP S/4HANA Finance
  • This is relevant for India Localization or Country India Version (CIN) component.

Product

SAP ERP Central Component all versions ; SAP ERP all versions ; SAP S/4HANA Finance all versions ; SAP S/4HANA all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

Keywords

TCS, Tax Collected at Source, India, amendment, budget, PAN, 50 lakh, 1%, 0.1%, sale, SD, 2020, XX-CSC-IN-FI, CIN, notification, 206C, 206C(1H), LRS, April 1, scrap, tendu leaves , KBA , XX-CSC-IN-FI , Financial Accounting , XX-CSC-IN-SD , Sales and Distribution , Problem

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