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What is the business process of excise tax and how do you relate that in sap?
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Answer Posted / Moneeka
Excise tax is a tax levied on specific goods like alcohol, tobacco, petroleum products, etc., at various stages of production, storage, or sale. In SAP SD (Sales & Distribution), Excise Tax can be managed through the Excise Tax Code and Excise Tax Posting. When creating sales orders, you can assign an excise tax code to apply the relevant taxes.
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