You can efficiently manage the products by adding tax classes by using the following steps.
1. Navigate to Configurations > Finance Configuration > General Finance on the Navigation Menu.
The General Finance page is displayed.
2. Scroll down the page to the Tax Classes section and click ADD TAX CLASS.
The Add Tax Class dialog is displayed.
3. Enter the required values for the fields. Refer to the table below for field descriptions and example values.
Note: All fields marked with an asterisk (*) are mandatory/required fields.
4. Click ADD.
The tax class is added and is set as Active by default. You can deactivate it when needed.