What is 'place of supply' in SAP CA-GTF-CSC - Country-Specific Objects?

place of supply - Overview

• Component: CA-GTF-CSC

• Component Name: Country-Specific Objects

• Description: In India, the region where the goods and services are consumed.

place of supply - Details

• 
  Key Concepts: 
  Place of supply is a term used in the SAP Country-Specific Objects (CA-GTF-CSC) component to refer to the country or region where a service or product is provided. It is used to determine the applicable taxes and duties for a transaction. 
  
  How to use it: 
  In SAP, the place of supply is determined by the country code of the customer or vendor. This information is used to calculate the applicable taxes and duties for a transaction. The place of supply can also be manually entered in the system if needed. 
  
  Tips & Tricks: 
  When entering a place of supply in SAP, make sure to double-check that it is correct. Incorrect information can lead to incorrect tax calculations and other issues. 
  
  Related Information: 
  The place of supply is closely related to the concept of “tax jurisdiction”, which is used to determine which taxes and duties are applicable for a transaction. For more information on tax jurisdiction, please refer to SAP’s documentation on the topic.