on 04-29-2009 11:18 AM
Hi Friends,
this is chandu working as a mm consultant , 1) first time working on cin project , so here i have a doubt regarding monthly utilization what is meant by monthly utilization how to go with this as a mm consultant , any one can please explain me the procedure step by step in MM consultant point of view .
2) i'm doing import material return to the vendor in this i dont how to reverse excise values what ever updated (at the time of procurement )in excise registers, wether it is required to reverse this values the or not because in import process we will maintan 2 vendors customes and mat vendor , so please tell me how go with this.
regards
chandu
answered
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1.Utilization Problem:
J2IU has to be used for monthly utilization . You will have to utilize Excise duty liability Excise duty wise by providing all the dispatch plants in the selection screen.
In the second screen of the j2i5 you will get all the credit balances accumulated in the respective excise group, utilize all the payable duty from accumulated credit shown in the screen.
Part2 entry will be created once you simulate & save.
2. Import material return:
If you material is returned to vendor then no need to reverse the credit.
Raise an OTHR invoice through J1IS providing the correct duty break-up.
Regards,
Akhileshwar K
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