config for excise duties

[Former Member]

Dears

I have checked in existing forums and my queries regarding below is at the end.(KINDLY ADVISE AS I AM NEW TO COUNTRY VERSION)

When billing document is created ED Recovered a/c(revenue group) is creating.

When excise invoice generation for biliing Excise duty(expenses group) is debit and credit to duty payable a/c (balance sheet)

We may configure the excise collection in two ways.

1. If we configure cenvat suspense while doing billing document, the same suspense account should be debited while excise invoice generation.

2. If we configure ED recovered a/c while billing document, excise duty(expenses a/c) to be configured to offset while creating excise invoice.

QUERIES:

WHAT WOULD BE THE POSSIBLE SCENARIOS TO CONFIGURE FOR ABOVE SOLUTIONS AS MENTIONED ABOVE.

COULD SOMEONE LET ME KNOW THE CONFIG DETAILS FOR THE ABOVE SCENARIOS

Regards

KAPIL MORE

[former_member247302]

Hi Kapil

In AT1 put your H.cess G/L and ur cess G/L should be put in RGG23AE.

Your issue will be solved.

Thanks

[former_member188076]

Hi

Pl. check the following link:

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Hope this will help you. Else pl. check the forum further.

Thanks and regrds

Amitesh Anand

[Former Member]

hi,

During Billing Document

Customer Account Dr.

Sales Account Cr.

Cenvat Suspense Account Cr.

During Excise Invoice Creation

Cenvat Suspense Account Dr.

Cenvat payable Cr.

For TR6C Challan

PLA Account Dr.

PLA on hold Account Cr.

During Fortnightly Utilization

Cenvat payable Dr.

Cenvat Account Cr.

PLA Account Cr.

For Stock Transfer through SD

No Accounting entries for Performa Billing Document

During Excise Invoice Creation

Cenvat Suspense Account Dr.

Cenvat payable Cr.

For TR6C Challan

PLA Account Dr.

PLA on hold Account Cr.

During Fortnightly Utilization

Cenvat payable Dr.

Cenvat Account Cr.

PLA Account Cr.

Invoice Generation:

The following entries shall be passed

Customer Account Dr

Revenue Cr

Excise Duty Payable Cr

Sales Tax Payable (local or central) Cr

Regards,

Saju.S

[Former Member]

Dear

My query is as below:

G/L against RG23A cess in AT1 and h.cess in AT2 is maintained but it is not getting reflected in excise invoice for fields ECS and HSC (ie in excise invoice creation mode (J1iin) values are not getting populated.

Kindly advise.

Regards

KAPIL MORE

[Former Member]

If I am not wrong, only AT1 is presently used. AT2 & AT3 are NOT used now, & they are the provision given by SAP, to handle any new taxation, if levied, in future, by the Govt of India.

Rgds

Sumanth.G

[former_member247302]

Hi

When you create the billing document then your Cenvat suspense account is credited with Excise basic duty, cess and h.cess.

Similarly when you create the excise invoice your cenvat suspense account is debited and the value is credited to three different G/L's each for Basic excise, cess and h.cess.

To achieve this , you have assign the cenvat suspense account to all your three tax codes in OB40. These tax codes will be assigned to each condition type while creating the condition records. Once this is done, pls follow the configure path

Logistic General-> Tax on Goods Movement->India-> Accoutn determination->Specify G/L account per excise transaction

Here make an entry for ETT 'DLFC' against your company code and excise group. Here assign the basic excise G/L against RG23A BED, cess in AT1 and h.cess in AT2. Similarly your cenvat suspense G/L will be assigned against Modvat clearing.

Hope this will help

[Former Member]

Dear

Firstly thanks for yours concern to my query.

I have achieved 75% and it would be perfect if my problem as mentioned below would be get resolved :

G/L against RG23A cess in AT1 and h.cess in AT2 is maintained but it is not getting reflected in excise invoice for fields ECS and HSC

Kindly advise

Regards

KAPIL MORE