1) All duties ( Basic customs + cess + CVD + SAD) should get loaded to Inventory at the time of Goods Receipt.
2) And also, Excise registers should get updated as all the materials are treated as excise materials!
3) If for any customer, we want to treat the sales as non-excise (considering the above 2) sales, then how.
Any thoughts how to achieve all the above 3 for one imported material. Note that its only trading goods.
Thanks in advance
In case of trading u will not be able to avail any credit, but you can pass on to customers.
Please follow below steps.
01. Create a pricing procedure in such a way that it should calculate all the duties as per your requirement, and complete schema determination
02.In Vendor master select a schema group that triggers this Pricing procedure
03.Create a Purchase Order , against the conditions of customs etc. enter the Vendor as " customs " ( customs office need to be created as vendor)
04.MIRO with planned delivery cost option for Paying the Customs
05.Goods receipts (MIGO) , the values of all your duties will hit material cost ( inventory) counter entry to the key attached in pricing procedure
06.J1IG - Create Depot entry , Use Material document as reference and select CVD indicator update the required fields and save this will create RG23D register entries, and Folio numbers
While invoicing the products to customers you can select the required invoice from the Depot, the duty amount will be passed to the customers.
Hope this clarifies,
Thanks & Regards,
I would like to know how to give condition types for CVD in Princing procedure/excise master.
Because if I enter this condition type in Excise Master, then only it triggers Excise register updates, etc. If I give like that how to get 'added' to Inventory Account.
Create following condition types for Import Duties (Do not create any Z-condition type)
JCDB IN:Basic Custom Duty
JCV1 IN : CVD
JECV IN : Ed Cess on CVD
J1CV IN : H&SECess on CVD
JEDB IN : Ed Cess on BCD
JSDB IN : H&SECess on BCD
JADC Addnl Duty of Custom
Also check following;
SPRO > Logistics - General > Tax on Goods Movements > India > Basic Settings > Determination of Excise Duty > Maintain Excise Defaults > Here assign following for Tax Procedure;
CVD cond. - CV1
ECS cond. - JECV
ADC cond. - JADC
Need not to maintain condition type "J1CV" in above option since it hard-coded in standard program itself.
Note: - JCDB, JEDB, JSDB will get loaded to Stock and JCV1, JECV, J1CV and JADC will get posted to CENVAT Accounts.