Excise Conditions (JMX1, JEX1,JHX1)

[Former Member]

Dear All,

What is the significance of excise conditions (JMX1,JEX1, JHX1 )

What will happen in following cases:-

1. If we dont maintain these conditions .

2. If we maintain less/More % then 100% .

Please explain .

Thanks & Regards

NC

[Former Member · Accepted solution]

Hi

Lets say your material value is 1000 rupees

excise JMOP at 10% is Rs 100

Now if u maintain JMX1 as 100% ... which means 100% of JMOP amount ...then you take credit on Rs 100 ... credit means the amount going into your excise GL(cenvat account)

If u maintain JMX1 as say 50% ... which means 50% of JMOP amount .. then you take credit on Rs50 only and balance Rs 50 of JMOP gets loaded in material... means 1050 get loaded on your material.

Similarly for Ecess and SEcess ....

This percentage you need to confirm with your excise dept ....

Mostly its 100% ..... for 99% of cases...

[Former Member · Accepted solution]

This message was moderated.

[Former Member]

HI,

ans for ur query

1. If we dont maintain these conditions .

For ex If u don't maintained for JMX1 as 100% .. in po , the tax values won't flow to BED Setoff values

2. If we maintain less/More % then 100% .

If u maintaiin +/- , the cenvat amt will take based on ur input %

Edited by: Jayakumar Raju A.S on Aug 12, 2009 7:07 AM

[Former Member]

Hi All.

Still not get clarity .

Hi Sanjoo,

Can you please put some light on it.

Thanks & Regards

NC

[Former Member]

JMOP and JMX1 are hard coded in SAP programmes for country specific customising.

JMOP decides setoff condition value.

JMX1 decides the seoff percentage.

[Former Member]

JMX1, JEX1 and JHX1 are the conditions which are attached to the ecise defaults. the value of the taxes are one which flow into this conditions. what value to mainatin for this condition totally depends on the taxinn procedure u have defined but as per standard taxinn procedure u have to mainatin 100 % to get the correct tax calculation.

if u don't define this condition then tax value will not flow in excise invoice whichu will create.

[Former Member]

HI NITIN

the significance of these condition type is

u have to specify how much credit u can take when u purchase some material with that tax code

if u have maintained 50% for that in FV11, then u can take 50% credit on excise and remaining 50% will be added to inventory

hope this is clear