on 09-01-2009 7:09 AM
Hi
Can anybody tell me what are different types of SEZ sales and Sales Process
Hi,
SEZ stands for special economic zones.
govt declares a area as an SEZ to improve business in that area.
if some one does a sales in that area, it is exumpted from all duties.
u can also term it as local exports.
process is the same as direct exports.
customer provides us with a SEZ document against which we will be delivering the goods with out excise duty.
form ' I ' is submitted for sales tax exumption.
mostly in SAP at the time of creating excise invoice we have to categorise it as export under bond.
we must create a SEZ bond using T Code J1IBN01 ( Fixed Bond)
and also we have to make some enhancements during excise invoice creation so that system should allow us to differentiate it as export under bond.
we have to do all these as we have to create ARE1 document as well, and in ARE1 it should come under export under bond.
other wise our bond value will not get updated.
please let me know if any further clarifications are required..
ravi
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