Die Excise duty Amortization Pricing procedure

Question

Hi,
M faceing a problem in defining pricing procedure for Excise duty amortization for Die.
The requirement is as follows:
Sr.No.     Conditions     Result                                     Remark
1     Rate – Discount + Pakg & Forwarding     Basic price  (A)     
2     Basic Price (A) x Excise Duty %      Basic Excise Duty (B)
3     Amortisation Cost (C) x Excise Duty %     Amortisation BED (D)     
4     (B) + (D) = (E)                                     Total BED (E)     
5     Total BED (E) x ECess %                     Educational Cess (F)     
6     Subtotal for Sales tax Calculation     (A)(E)(F)=(G)     
7     (G) x VAT or CST %                                     Sales Tax (H)     
8     (G)+(H)                                                     Total Value     
Please guide me on this.
Thanks & Regards
Kishan Bhat

Answer 1

Hi Rajesh, Thanks
I havnt understood this condition.
70 | Ammortization | blank | blank | No account key. Statistical Condition
This case is for Die cost amortization....i am looking out for Excise duty amortization
Eg:
Basic Cost                = 200.00                      Qty = 1 nos
Total Basic Cost                      = 200.00
ED 16% for component           =   32.00 -
(I)
Amortization cost per component      = 10.00
Excise Duty 16%                               =   1.60----
(II)
Total Exicse duty to be charged          = 32.00 + 1.60 = 33.60-------(III)
So Invoice value will be as follows:
Basic Cost           = 200.00
ED                          =   33.60
Edu Cess               =     0.67
Total                       = 234.27
VAT 12.5 %           =     0.12
Total Invoice Value      = 234.39
Regards
Kishan