Different businesses have different requirements. Some businesses may deal with stock items falling under a single tariff and tax unit, whereas the others may have multiple tax units and items of different tariff rates. Based on the requirements of each business, you can select the kind of capability that you want.
Click on the links below to understand more about the robust yet flexible method of defining and applying tax rates in excise.
● For a business involving one common tariff rate for all business transactions, refer Defining Tariff and Rate of Duty at the Company Level
● For a business involving multiple tariffs applicable across various stock items, refer:
o Defining Tariff and Rate of Duty at the Group Level
o Defining Tariff and Rate of Duty at the Ledger Level
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