To specify the VAT rate for the stock group in the VAT Details screen
1. Set the option Classification to:
o Undefined if unique tax rate and commodity details have to be defined.
Or
o Any of the user-defined classification. Once applied, the other options disappear and cursor returns to Stock Group Creation screen. Click here to view the detailed procedure of creating VAT Classifications .
2. Enter the Tax rate .
3. Select the Tax type .
4. Click F12: Configure to configure additional details. The VAT Details screen appears as shown below:
5. Press Ctrl+A to accept, and return to the Stock Group Creation screen.
