Tax entered manually during Excise capture

[Former Member]

Hi all ,

i have a requirement where the user doesnt know the how much tax should be paid during PO creation.

i want to have a facility where in i want to add the Excise amont to be manually added during Excise capture .

I want this values to be available during MIRO . is there any possibilty to do this .

thanks

[deiva · Accepted solution]

Hai,

This is Traders pass-on scenario.

Eg. :

Material Price = 80/-

Excise Duty = 14/- (BEDECessSECess)

Margin = 6/-

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Total =100/-

VAT @3% = 3/-

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Grand Total =103/-

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Step 1:

Create PO with Base Price as 100/- by selecting tax code which is having VAT as 3%

(Total PO value will be 103/-)

Step 2:

Post MIGO and Capture Excise Part - 1

Click on More details icon in Excise tab(header), check MRP Indicator in miscellaneous tab,

Enter Assesable value as 80 in Excise tab Item level and enter the excise values BED,

ECess,SECess manually, check & save the document.

Step 3;

Post Excise Part 2 in J1IEX

Step 4:

Post MIRO by checking calculate tax, edit base value as 80/- enter the amount in header as

praposed by the system (103/-), simulate & post the document.

[Former Member]

Dear ,

U cannot add the excise later on ony reduce it.

U can reduce the excise at the time of the posting the part II ,where u can mention the credit amount.

Rest all tax amount will be inventorised by the system.

Coution :

make sure that ur MIRO will be done before consumtion of material.

regards,

Sujit

[Former Member]

Enter the tax conditions in PO.

At the time of GR change the base value of material in the excise tab. Make part 2 posting.

Or

Enter the total value inclusive of excise in the Po and during GR enter the exact excise amount as passed on by the vendor in the excise tab. Also tick the the MRP indicator in the excise tab at header level so the inventory is updated by the exact price.