2919161 - FAQs on India Finance Localization for Withholding Tax

Q1: Are section code and business place the same?

Q2: Are both section code and business place required for withholding tax reporting?

Q3: Is mapping of business place and section code required?

Q4: Is classic withholding tax supported for India Localization?

Q5: How to activate the CIN details tab in vendor/customer master?

Withholding tax:

Q1: Is PAN number required for withholding tax calculation?

Q2: If the PAN number is not maintained for the vendor, will the withholding tax automatically calculate at 20% rate, irrespective of the rate maintained in the withholding tax code?

Q3: Where is the PAN number data saved?

Q4: What is the criteria for calculation of withholding tax at less than 20% rate for a foreign vendor? 

Q5: What is the required configuration for calculation of surcharge and cess?

Remittance Challan:

Q1: What is the transaction used for remittance challan?

Q2: In which table does the Challan details get stored?

Q3: How to identify if a challan has been created for a document?

Q4: How to create a challan for 100% exempted vendor/ transport vendor documents? 

Q5: How to reverse the remittance challan document?

Q6: What is the transaction used for external remittance challan?

Q7: How to resolve the error 8I708 while executing J1INBANK?

Quarterly Returns:

Q1: What is the transaction used for quarterly returns filing?

Q2: Is J1INQEFILE supported for quarterly returns filing?

Q3: What are the forms supported for FIWTIN_QRETURNS?

Q4: Is Form 26QB supported?

Q5: The generated files apart from the text file are not in excel format?

Q6: Are the generated excel files required for external reporting?

Utility Report:

Q1: Which is the transaction used as a utility report?

Q2: Can J1INMIS be used instead of J1INEMIS?

Q3: How to overcome the issue where certain documents are not being picked in J1INEMIS?

Provision and Utilization:

Q1: What are the transactions used for provision and utilization?

Q2: What is the need for this functionality?

Q3: In which table does the provision and utilization data get updated?

Q4: The transaction J1INPR does not pick the withholding tax code, withholding tax type, section code and business area automatically. It is expected that the users enter these details manually. Can this be fetched automatically?

Q5: How to reverse a J1INPR document?

Q6: Can J1INPRREV be used for mass reversal?

Q7: How to reverse a utilization document?

Q8: Is provision for multiple lines in SES supported?

Q9: While trying to post a provision document, the error 8I739 - 'No tax type and tax code has been entered for Purchase order &' is observed.

Journal Vouchers:

Q1: What is the transaction for journal vouchers?

Q2: What is the use of journal vouchers?

Q3: For what kind of documents can the journal voucher be posted?

Q4: Can JVs be used to correct credit memos?

Q5: I'm facing error F5670 while using J1INJV to correct final payment documents.