on 06-24-2009 6:33 AM
Dear Gurus,
Can anyone give me input on sales of raw material under rule 3(5) of cenvat rule 2004?
How to configure the same? sale of raw material
Thanks & Regards
Anand.k
under rule 3(5) of cenvat rule 2004?
It would have been easy to propose a suggestion had you briefed what the above rule says. Please dont expect the forum members to search what the above rule says.
The general scrap sales can be made as follows:-
1) Material type should be FERT with no MRP views but to maintain Accounting and Costing views.
2) Seperate pricing procedure for scrap sales with a condition type for Tax Deducted at Source
3) Seperate storage location should be created for scrap yard
4) As and when scrap is generated, create a sale order based on the available stock, do delivery and invoice.
thanks
G. Lakshmipathi
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