Dear Community,
We are under process of implementation Sri Lanka entity. As we know MS does not provide any localization for Sri Lanka.
Well, for Import Purchase Orders in Sri Lanka , we want specific Calculation to be handled for multiple charges.
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Scenario
Ex. Item Cost is 1000,
Freight is 200
My CIF becomes 1200
.
Next level charges
CESS 10% on my CIF value ie. 120.
.
Taxable Value (Assessible value) : 1320
on Which my VAT 18% : ie. 237.6
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How to handle this in Sri Lanka??
.
We are thinking of doing customization for same, as no Std OOB solution available.
Please suggest.