Dear Mukthar Sir,
I have taken out the Withholding tax Code --- withholding tax rate -- even then system is not calculating as per our requirements.
Please check the below config steps which we have followed:
1) Define withholding Tax Code --- Taken off the with holding tax rate maintained initially
2) define Formula for calculating withholding Tax ---- Created the WHtax code with New validity and percentage rate as 5%
Please let me know if any config is missed ..
BR
RR