What'z the difference between the Commercial Invoices and

Question

What'z the difference between the Commercial Invoices and
Invoices/Excise Invoices? Also I understand that we can combine 2~3
invoices and can create one commercial invoice? If it is possible, how
to create the same?
cheers
shalsa007....

Answer 1

Hello,
A commercial invoice is a bill for the goods from the seller to the buyer. Commercial invoices are utilized by customs officials to determine the value of the goods in order to assess customs duties and taxes.
In general there is no standard form for a commercial invoice although they tend to contain many of the following features:
•     seller's contact information
•     buyer's contact information
•     consignee's contact information (if it is different from the buyers)
•     invoice date
•     a unique invoice number
•     sales terms (usually in incoterm format)
•     payment terms
•     currency of sale
•     full quantities and description of merchandise (Generally this includes unit price and total price. Product descriptions should be consistent with the buyer's purchase order. Including the Harmonized System commodity codes can be helpful, especially in countries that are WTO members.)
Excise invoice “Original for Buyer copy”, whether  prices are inclusive or exclusive of excise duty.
The invoice in which the Excise duties are included.
As per Indian tax system, Excise duty (16%) is payable by each manufacturing unit on the value of manufactured goods / on the value added. The manufacturing plant is supposed to submit an excise duty report on fortnightly / monthly basis. Various registers (RG1, RG23A, RG23C, PLA) are maintained for that purpose, which record all the transactions including movement of goods, cenvat credit available and cash balance available.
In SAP, we use transaction j1id for configuration and j1iin, j2i7, j1i5, j2i5, j2i6, j1ip for creating, extracting and printing excise invoice. 
*Please reward if this helps**
Regards
AK