on 01-30-2009 6:57 AM
I would like to summarize the process and our requirement:-
We are importing Ammonia & Sulphuric Acid and some qty we are selling(trading). Once Vessel is received we are declaring the traded qty and paying CVD in lieu of Excise Duty & Cess. The value(BED & Cess) get inventorised.
At the time of Commercial Invoice below entry is passed:-
Sr Debtors A/c Dr 264989.29
Sale of Ammonia A/c Cr 230305.64
Excise Duty on Sales Cr 28628.79
Ed Cess on Sales Cr 858.86
CST Payable Cr 5196.00
We want the ED & ECess should be booked to Sale of Ammonia as there is infact no Excise Duty is payable.
How ever we are generating Excise Invoice against the Out Bound Delivery and in the Excise Invoice printing of Excise Duty is required as the buyer has to claim cenvat credit. (as per our S&D Core Team the condition type JEX2 is maintained for that purpose.
Please advise how can the Excise Duty on Sales & ED Cess should be booked to Sale of respective product GL Code and Excise Invoice is also printed with the amount of BED & ECess.
Regards,
Alok
Go to J1ID and select Material Assessable value There for the material, maintain the excise value what should flow into your export billing under the tab "Ass.value" with current validity period.
Now create a sale order and see how the duty structure flows.
thanks
G. Lakshmipathi
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Dear Alok
As you would be aware excise duty is calculated on your selling price and if this does not suit your requirement but you need to capture a different excise duty from customer to customer, you can try with this.
In V/06, there is a condition type AR00 which you can make use of to meet your requirement. Assign this condition type in your pricing procedure in such a way that the From-To step number of excise condition type should be the step number of AR00.
Now go to VK11, input condition type AR00 and maintain for the combination of customer / material and save. Create a sale order and see whether this meets your requirement.
thanks
G. Lakshmipathi
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