How to calculate WCT TDS in AX 2012 R3 for Indian localisation

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Posted on by M S C SHEKAR

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Following is the example of taxes -

State VAT works well and has been configured and

TDS on above configured and working well

Now WCT TDS is a state tax[TDS] to be deducted on whole invoice amount as shown below and to be paid to state government - how to calculated tax on tax in AX 2012 R3

ABC PVT LTD	TAX	Material	Service	Total
Bill Value		10,000.00	4,000.00	14,000.00
VAT	14.50%	1,450.00	-	1,450.00
Service Tax	14%	-	560.00	560.00
Swachh Bharat	0.50%	-	20.00	20.00
Krishi Kalyan Cess	0.50%	-	20.00	20.00
Due		11,450.00	4,600.00	16,050.00

Statutory deductions
TDS	2%	-	80.00	80.00
WCT-TDS	2%			321.00