on 10-18-2013 1:13 PM
Hi experts,
I have scenario in my project for pipeline gas procurement:
The pricing is followed as below:
Base Price | 7,36,39,650.00 |
Additional Charges | 29,45,586.00 |
Rebate | -1,36,74,397.84 |
Mktg Margin | 13,98,000.00 |
Mktg Margin Rebate | -2,49,614.78 |
Transmission Charges | 70,06,532.99 |
Service Tax @ 12% on TC | 8,40,783.96 |
Edu. Cess @2% | 16,815.68 |
HEdu Cess @1% | 8,407.84 |
Sub Total exclusive of Edu Cess & HECess | 7,19,06,540.33 |
VAT 5% on sub total | 35,95,327.02 |
Additional VAT@ 5% on sub total (Creditable) | 35,95,327.02 |
Note: 1. Exclusive of Additional VAT all the components are loaded to material cost 2. TDS needs to be deducted on the Transmission charges + service Tax + edu. cess + Hedu. Cess |
Can some help me out how to configure this?
Thanks and Regards,
Praveen B
Hi,
1. Create Condition type for all Pricing conditions in M/06 and assign in pricing procedure (M/08).
2. Create tax code (FTXP) and create condition records in FV11 to suite your requirement. (Select conditions where account key is NVV. JSV2, JEC4, JSE2 in case of TAXINN. Similarly, select/create condition type for both VAT condition also)
3. Assign this tax code in info record.
4. In condition tab of info record, maintain all Required MM pricing condition (eg. additional charges, transmission charges etc).
5. Maintain withholding tax details in vendor master (Payment).
Now you can do GR and consignment/pipe line settlement (MRKO). During GR, correct amount will be posted to stock a/c. During payment, TDS will be deducted as per withholding tax maintained in vendor master.
Regards,
Sudeep.
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Hi,
You have to setting up a new pricing procedure against your requirement.
Create the condition type for each charges.
Then assign it to Schema.
I suggest please use different schema group for vendor, Who is procured this type of Project.
Thanks
Dibyendu Patra
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