Dear Consultants,
After lot of R&D and understanding of VRS TAX exemption process I have solved this issue, Now it is working fine.
If any one having problem regarding this, I can help them. and keep eye on below configuration.
1) VRS process designed to process only through Termination Workbench T Code :- PC00_M40_TERM.
2) Below mentioned configuration is mandatory for VRS Tax exemption process.
this is the configuration apart form regular configuration you have to do in IMG.
Good luck,
Regards,
Navesh