#StoneProfitsSystem


Tax Authorities and Tax Codes

Tax Authorities:
  • The body responsible for administering the tax laws of a particular country or regional or local authority. 
  • Tax collected based on the services, To which authority tax should go will be maintained in this tax authorities.




For Example:
  • I'm taking "Indian National Highway Services", as a tax authorities.
  • The toll charges, Which we will paid at toll gates on NH9, NH7, NH5,etc.
  • All charges will hit certain, NH services account that will added in the tax codes.



Tax Codes:  




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