how excise duty calcuate automatically

[Former Member]

Hi,

when asset is sold out how the excise duty will calcuated on that asset automatically

[Former Member]

Hi Mr. Prasad,

Excise duties are calculated according to the condition records maintained in the respective pricing procedure. There are different types of excise duties maintained in the standard SAP Pricing Procedure e.g. BED, AED, SED, Education Cess, Higher Education Cess, NCCD etc.

These excise duties are defined based on the Tax Procedure present in the system; there are two Tax Procedures TAXINN and TAXINJ. TAXINN is a condition based tax procedure and TAXINJ is formula based tax procedure. We also define tax codes in the system which is linked to the G/L accounts which directly post the amounts into G/L accounts during various transactions.

For more information kindly refer to the below link:

http://help.sap.com/erp2005_ehp_03/helpdata/EN/40/a23c39129ffe2ee10000000a114084/frameset.htm

Regards,

Ashu