Conditions types in Import Pricing

Question

Hi All
What are the conditions types which are required in Import Pricing. What is process flow for Import Procurement
Regards
Jagadish

Answer 1

Hi,
The conditions for  duties in import are;
JCDB IN:Basic Custom Duty 7% or 12%
JCV1 IN : CVD 14%
JECV IN : Ed Cess on CVD 2%
J1CV IN : H&SECess on CVD 1%
JEDB IN : Ed Cess on BCD 2%
JSDB IN : H&SECess on BCD 1%
JADC Addnl Duty of Custom 4%
The import process are
1) Create Vendors and give Order Currency (USD, JPY ,INR Etc) in XK01 for Local Vendor (INR) and Main vendor (USD, JPY Etc.)
2) Create Material Master and give appropriate Description Because Users should Identify Correct Material Or Activate Split valuation.
3) Create Import Purchase order for Import Vendor with separate Document type and purchasing group.
4) Mention Duty rates (CVD, Customs, Cess on CVD, cess on Customs, HSC on CVD,HSC on Customs and ADC) and Don't forget to mention Custom Vendor In Duty rates condition type.
5)MIRO Customs Invoice, you can Invoice in Vendor Currency as well as Indian Currency.
6) Receive the Material through MIGO, If you Correctly maintaining Customizing of Excise Duties at the Time of MIGO u can take credit for CVD, Cess on CVD, HSC on CVD and ADC and rest of all add to your material cost.
7) In MIGO you can Capture the Excise invoice and in J1IEX post the Excise invoice.
8) After Receiving the goods and Payment to the Customs raise a Invoice for Main Vendor
Regards,
Biju K