Oracle Financials for India (OFI) (India Localization) addresses various business needs of Indian Industry relating to Excise Duty, Service Tax, Value Added Tax (VAT), Income Tax, Tax Deducted at Source, etc. The general requirements have been incorporated in the scope of this localization, however, industry or product specific issues are not addressed. In this session, we will discuss about the Best recommended practices from an Implementation perspective for configuring the India specific Service tax requirements. It will also help the users to have an in-depth understanding of the Product offerings,capability, extensibility and limitations from a Service Tax Product Functionality standpoint. This session will also provide an insight into various triggering events, relevant transaction-data flows and accounting repository offered in the product thereby providing means to the Business to build any Customization or Business extensions based on the data repository.
Pavan Raparla is an Oracle Certified Expert Consultant. He has over 16 years of experience in IT Industry including 14 years in Oracle Applications E-Business Suite across 10.7/11.0.3/11ix/12x versions.He is currently working with Oracle India Private Ltd. He has strong experience in all phases of design, development, implementation and support of Oracle Financials and Interfaced with