Symptom
The Government of India, in the Budget 2026, has announced revised Tax Collected at Source (TCS) rates for specific goods including Scrap, Minerals, Liquor, and Tendu Leaves.
Effective from April 1, 2026, the following rate changes must be reflected in the system to ensure statutory compliance:
- Scrap, Minerals, and Liquor: Rate change from 1% to 2%.
- Tendu Leaves: Rate change from 5% to 2%.
This SAP Note provides the configuration steps for S/4HANA to update the rates to ensure statutory compliance.
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Environment
- SAP S/4HANA Private Cloud
- SAP S/4HANA On-Premise
- SAP ERP
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