Problem with rounding off in proforma invoice

[Former Member]

Hello All,

The problem related to Rounding Off is as follows -

Factory STO Valuation Price - 7.82INR / PC Total Quantity - 14520 PCS Value - 113,546.40 INR

ZADC ( Add 10% on cost) 11,354.64 INR

ED Assessable Value 124,901.04 INR

Then the assessable value / pc will be 8.602 INR but in our system due to commercial round-off the value considered is 8.60INR/pc & in that case the total ED Assessable value should be 124872 INR. But here the value calculated is of 124901.04INR ( 8.602 INR x 14520 pcs ). So due to this there is a mismatch of around -29.04 INR surplus.

How to get the exact Excise Assessable Value without getting any surplus or deficit value. Please advise at the earliest.

Thanks & Regards

Priyanka Mitra

[Lakshmipathi]

Where you have maintained the assessable value ?? May be try maintaining the pricing condition to 10 per piece instead of one per piece and do a test case.

G. Lakshmipathi