on 01-05-2010 10:32 AM
Hi All,
I have gone through many SDN posts w.r.t Excise Returns.
I have seen everybody is suggesting J1IH.
For updating of excise related sales returns, run T.Code J1IH and do the following:-
Customer Credit
Choose the u2018Additional Exciseu2019 input the original excise invoice reference, document year, company code, plant and excise group and execute. There input manually what value you need to give credit and save.
Cenvat Debit
Choose u2018Other Adjustmentsu2019 and here also, maintain the datas whatever you input as above and save.
Return Process:
Order-> Delivery->PGI->Billing->Excise Invoice->Returns Order(w.r.t Billing)->Returns Delivery->PGR->
Credit for Returns(w.r.t Returns Order)->J1IH
Here I have one query.
Whether we need to do both Additional Excise and Other Adjustments????
or Only Other Adjustments???
with regards
You have to do both. Because, while creating original invoice, you would have debited the customer for the duty component. So in case, there is returns, to that extent, you have to give credit to customer.
Similarly, for duty value.
thanks
G. Lakshmipathi
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Hi Laxmipathi,
Appreciate your reply.
During Invoice the A/c entries are:
Customer A/c - Debit
Sales A/c - Credit
Cenavt Suspense A/c - Credit
During Excise Invoice the A/c entries are:
Cenvat Suspense A/c - Debit
Cenvat Payable A/c - Credit
During Credit for Returns the A/c entries are:
Customer A/c - Credit
Sales A/c - Debit
Cenavt Suspense A/c - Debit
Here my question is that during credit for returns the customer is credited then why we need to credit again in J1IH??
with regards
Azeez.Mohd
During Credit for Returns the A/c entries are:
Customer A/c - Credit
Sales A/c - Debit
Cenavt Suspense A/c - Debit
When you generate credit note, the corresponding excise value will not be credited in accounting document. For this, you have to execute J1IH as I said already.
thanks
G. Lakshmipathi
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