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FOC sales- Excise

Former Member
0 Kudos

Dear ALL,

How to carry out Free of charge in Excise process ?

cheers

Accepted Solutions (1)

Accepted Solutions (1)

Lakshmipathi
Active Contributor
0 Kudos

Dear Veera

Be it you are selling a material on free of cost or not, you are suppose to pay excise duty on the selling price, when the material leaves the manufacturing unit.

thanks

G. Lakshmipathi

Former Member
0 Kudos

Hi Laxmi

Great...

Can you tell me the settings ??

cheers

Edited by: VEERA on Sep 26, 2008 2:46 PM

Answers (2)

Answers (2)

Former Member
0 Kudos

done

Former Member
0 Kudos

The excise condition types should be statistical in the billing document as you dont want to post a liability to customer. During excise invoice creation the excise values will be populated from the billing document to excise. Here liability will be created i.e. excise payable.

Regards,

GSL.