0.5% Krishi Kalyan Cess .

Hi knowledge ,

From 1st June 2016 we need to have additional 0.5% ( Krishi Kalyan Cess)  to SERVICE tax .

I am following the below process for it .

KKC In Accounts Payable (TAXINJ)

> OBCN : create new processing key .

> OBQ1 : New Condition Type .

> assign the condition type and processing key in pricing procedure.

>Creating GL account for KKC,Assign the same in OB40.

> create condition records with percentage 0.5%

Please let me know if i want to have any other changes .

Thanks

Murali.V