Excise Requirement

[Former Member]

Hi,

Stock is transferred from Factory to Sale Depot.(both are excisable)

Created outgoing excise invoice for "To Warehouse" and Incoming excise invoice for "from Warehouse".

sales at Sale depot:

Created delivey, outgoing excise invoice for the customer (excise is calculated based on assessable value)

The requirement in the A/R Invoice is THE PRICE IS INCLUSIVE OF EXCISE AND ONLY VAT IS CHARGED ON THAT.

System do not accept to change the tax code.

One solution available is go to the tax amount break - up table and delete the excise amounts manually.

Is there any other solution available ????????????

Regards,

Murali.

[Former Member]

Hi Murali........

Any how your sales transaction is excisable as you are passing excise values to your customer. So in such case you should make your price free from excise and when you select the excisable tax code then it will calculate the excie amount properly and on that it will calculate VAT........

Hope this will help you........

Regards,

[Former Member]

Hi Rahul,

The item price comes from the price list and is the customer specific. Seperation of the price and excise may not be possible.

Any other solution ???????

Regards,

Murali.