06-13-2013 7:35 AM
Dear All,
We are facing an issue which needs to be sorted urgenty. Our custom MIRO comes with the following duties:
BCD - 10%
CVD - 12%
Customs Educational Cess - 2%
Customs Sec and Higher Education Cess - 1%
Add Custom Duty - 4%
We have maintained conditions in PO as follows:
CVD - 17 % (clubbing CVD and Add custom Duty)
BCD - 7.5%
Ecess on Total Duty - 3%
Rest all are zero. This was done using reverse calculation
Now During Goods Receipt CVD is being passed in Basic Excise Duty. But other duties are going incorrectly into custom clearing account and we are unable to derive the figures how system is posting other duties. Please clarify if system picks up other duties from Custom MIRO or it is posting duties as per conditions maintained. This is an urgent issue. All inputs will be appreciated.
Also it would be great if somebody can explain the Import postings with sample calculations and having all the accounting entries also.
Regards,
R Bhatia
06-14-2013 5:47 AM
Hi ,
In case of Imports, the duties will flow from the Customs MIRO to MIGO.
You must be aware that BED, ECS and SECESS are calculated on EXBAS
and EXBAS value should be greater than sum of BED ECS and SECESS.
EXBAS is calculated as - PO net price + JCDB value (IN INR)
If you are using TAXINN, this is what the excise default table should
look like.. (J_1iexcdef)
Column Condition
CVD JCV1 >> Not classified
AP BED JMX1 >> Shd be classified as BED Set off total
AP AED JAX1 >> Shd be classified as AED Set off total
AP ECS JEX1 >> Shd be classified as ECS Set off total
ECS Import JECV >> Not classified
ADC JADC >> Not classified
AP AT1 JHX1 >> Shd be classified as AT1 Set off total
Do not assign J1CV here.
The classficiation shd be for the tax procedure & condition type in the
table "Classify condition types". Imports conditions SHOULD NOT BE
CLASSIFIED (J_1iexcdefn).
Ensure that you have maintained a active zero tax code in PO and that
the vendor,plant and material are relevant for excise.
Regards,
Rajasree R
06-14-2013 6:00 AM
In Imports the Condition types JCV1, JECV, J1CV, JADC will go into the BED, ECS, SECS and AED account automatically during GRN provided these are used in PO and has values.
In your case check whether the Excise Base value is correct and all duties are updated properly in Excise item tab of MIGO.
By the by are you facing the problem for the first time? Ensure your imports pricing schema was not changed.
06-21-2013 1:25 PM
Dear All,
Thanks for the inputs. I have checked this. The issue was coming of the Special Custom Duty being pulled from Schedulign Agreeement. Even if we remove conditions from MEk2. The values are pulled from SA pricing conditions.
Regards,
Rajveer