Excise JV

[Former Member]

Dear all,

When we can use Excise JV.....(I mean in Which scenario) how system will effects?and wot is TR6 challan.

Thanks in Advance

Regards

Lucky

[Former Member · Accepted solution]

Excise JV is used to make an adjustment in Excise Duty amount, as and where required. For Eg: in the case of Sales Return, Excise Invoice cannot be created, hence the Excise amount in excise register can be adjusted through Excise JV, T.code: J1IH.

Regards,

Rajesh Banka

[Former Member]

Hi,

You can use Transaction J1IH for posting excise JVs for:

Excise Value Reversal

TR6 Challan

551 Scrapping

TR6 Challan

1. To maintain the fund in PLA, Executive Taxation prepares TR6 Challan to pay the amount to Excise Department. He prepares Payment Requisition Slip and sends it to Audit Officer with TR6 Challan.

2. Audit Officer refers the details of TR6 Challan and Payment Requisition Slip and audits it. He sends Payment Requisition Slip to Accounts Officer.

3. Accounts Officer prepares Bank Payment Voucher from Payment Requisition Slip and issue the cheque by giving accounting effects.

4. Executive Taxation deposits the cheque with TR6 Challan and bank gives him a copy of TR6 Challan back by stamping on it. Executive Taxation updates PLA Register.

5. After getting stamp on TR6 Challan from Bank, Executive Taxation sends Monthly Excise Return and a copy of TR6 Challan to Excise Department.

Thanks

Bhushan

Edited by: Bhushan S Dhake on Sep 19, 2008 2:02 PM

[Former Member]

hi

to make adjustments against debit/creidt notes that will have to be done thru manual excise JV in tcode j1ih.