VAT calculation for Import PO -China

[Former Member]

Hi,

I am configuring import pricing procedure for China.

The calculation goes like this-

Gross price -100

Custom duty- 4 - Paid to custom vendor

VAT - 6% On (Gross price+ Custom duty) .VAT is deductible and paid to custom vendor.

In india pricing procedure i can use CVD condition for calculation and is deductible.

I am coying pricing procedure from RM0000,but in this there is no condition which can be used like CVD.

Can somebody suggest me on this.

Warm Regards,

Tushar Tandon

[former_member182489]

u have to create cvd , cvd ecesss,cvd shcess and assign it in pricing procedure . also acct key CVD and accruals has to be maintained for cvd cdb type .

for tax -- vat -- corresponding acct key for tax -vat has to tick it deductable.

and mainatin vat at ftxp for the ticke on acct key, cdn type combination the tax amount.

rewds

Edited by: manu m on Sep 1, 2008 2:01 PM