Trading business process-Imported goods

[Former Member]

Dear All,

Can Any one explain about import goods trading process,with tax scenario,from import to sales as per indian tax laws,,,

Regards

gowrish

[Former Member]

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[Lakshmipathi]

Dear Gowrish

Though I have not handled this scenario, I can give some basic informations which I thought would be useful to you.

First of all, Imports will have to be handled by MM people from SAP point of view. Also in case of imports, you have to maintain a seperate Valuation Class for this in OMSK and assign in the respective imported material in Accounting View1 of material master.

Meanwhile, Plant has to raise a PO on overseas supplier with respective duty structure applicable. After this, normal MM process will have to be followed.

Subsequently, you can sell after maintaining all the required IMG settings and master datas.

thanks

G. Lakshmipathi