Change of Excise Basic Rate from 8% to 10%

Question

Hi Every Body,
Our basic excise rate changed from 8% to 10% now in our Indian scenario for condition types JMOP from 27.02.2010 and now we can mantained JMOP at plant , material & vendors level in FV11 10% .
But now we face the issue for the previous bill to be passed at previous rate 8% but system picking 10%  because of changed rate.
Ultimately we require both the rate at same plant , vendor and material level then we mean to say that there is any provision in SAP so we can maitain both the rate at time and whenever invoicing  requires depending upon old and new case , accordingly we pass..
Thanks,
Dharmveer

Answer 1

There is solution for it
1. First You need to retain old tax code combination with excise rate - 8%
2. Second you need to create new tax code combination with excise rate - 10%
or
You can GR material ,manually enter excise amounts,
capture excise invoice,refer it in migo,post excise invoice,do bill passing(MIRO) without tax code,
Note: Add g/l acct tab in miro using customization,manually enter cenvat clearing amounts(but it not adivised,you can do it,if there is no change in stock or no price variation)
Also refer Note 1435105 - Master note for Indian Budget 2010 for Logistics (MM & SD)
Edited by: Jeyakanthan A on Mar 18, 2010 11:01 AM