Masters and Admin Menus

Tax Master and how to create a new Master

How to configure for handling Create New Tax

We have given an example of how to create a new Tax Code. This is for Krishi Kalyan Cess that’s newly created cess in addition to the earlier Service tax of 14.5%.

Step1 – Go to Settings -> Master Configurations -> Tax Master.
Step2 – Please add a new Tax code – “KKC 0.5” of type “Service Tax” as follows.


Tax Master screen