CVD Cenvatable (India case)

Hi All,
CVD became Cenvatable in Union Budget 2006. However, in our case, we have not made the necessary changes. We want to incorporate changes that will make the CVD portion Cenvatable.
Can anyone suggest a list of all the necessary OSS notes that we might have to apply?
Regards,
Aditya

Hi
You can change it in OB40 for your account key that is maintained for your condition type in your pricing procedure.
First consult with your FI consultant.

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Clearing of Cenvat, cvd, cenvat suspense celaring accounts

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Can any one explain how can we clear the gl accounts of Cenvat clearing, CVD Clearing, Cenvat suspense accounts.
Regards,
Naru

Hello Naru,
CENVAT celaring account would clear wrt to Part2 account entry and MIRO entry. ( It should be clear with respect to Purchase order and Line item number). Transaction code :- F.13
Cenvat suspenses account :- Clearing should happens nature of business tranactions. ( Mainly delivery or sales order number )
Regards
Mani

Where is the setting of 50% cenvat in case of asset in SPRO

Hi,
In case of asset if we select the Asset in J1ID for the material and if asset code is mention in the PO then system post the 50% of the duty to the on hold account this is OK, but i want to know where is the setting for this 50% , this is just for information, is it hard coded in the program or the 50% is mention in customizing can we change this 50% to some other value,
regards,
zafar

M adding up in above.......
in J1id , select Material and Chapter ID Combination , give material type assets. Based on Material type, system calculates Cenvat and treat like that. U dont need to do much difeerent anyth in the case of assets.
Also cross check that u have ticked Immediate credit on capital goods in Company code settings.
Before posting any excise invoice it is advisable to see the simulation of excise invoice for correct posting of u201CCenvat on holdu201D and u201CCenvat availu201D part.
thanks

Education cess on CVD: Import India

Hi all,
I am not finding the condition type JECV. Is it not a standard condition type for india ?
I am using version ECC 6.0, patch level for APPL is SAPKH60010
please help.

Hi Hemant,
Our version is 5.0
Please tell me the std condition types of CVD 16%,ECS 2% on CVD,ADC 4% and HSCS 1% on CVD.
And kindly tell me the columns where we need to maintain ,like CVD we have first column in the Excise default.
How about the cess 2% on overall duty?
It will be great if anybody helps.
Regards
Kumar

Fiscal year for India

Hi,
I have one requirement
We have one group company and multiple company codes across countries and they all have the fiscal year as Jan to Dec .
But in India case we have April to march fiscal year
Now I canu2019t maintain 2 fiscal years ( we donu2019t have new GL activation)
I understand I have the option either to maintain group fiscal year or country fiscal year and derive financial statements for the other through adjustments.
What are the pros & cons if we maintain April to mach fiscal year Group point of view?
What are the Pros & cons if we maintain Jan to Dec fiscal year in India co-code point of view?
If anyone has met with similar scenarios, I request your inputs on this asap. Your few minutes on this will help me to put a step ahead.
Kindly guide me on this
Thanks in advance
Regards
Kumar

Hi,
As Per my Understanding you can maintain Fiscal Year April to March for your Indian Companycode, There will not any impact on Books of Accounts. when Group company Need Books of Accounts for Period Jan to Dec. with Special Ledger Purpose you can extract the details and Provide.
Thanks
Goutam

Non Cenvatable in Import PO

Dear SAP Experts,
I have an issue.
In the Imports PO, usually
JCDB - IN:Basic Customs Duty - Non Cenvatable
JCV1 - IN: CVD - Cenvatable
JECV - IN:ECess on CVD - Cenvatable
J1CV - IN:H&SECess on CVD - Cenvatable
JEDB - IN:ECess on BCD - Non Cenvatable
JSDB - IN:H&SECess on BCD - Non Cenvatable
JADC - Addl Cutoms Duty - Cenvatable.
I have a scenario, where all the above conditions are Non Cenvatable.
Which means, I have to inventorize the entire duty amount. I cannot set off these duty amonts.
I request you to provide solution for this.
Thanks In Advance.
Muthuraman.K

Hi,
All the CVD conditions can be taken credit JCV1,JECV,J1CV,JADC(which u mention as CVD)
CVD is the duty which u pay to government in palce of CENVAT for the material or service u import, which also can be availed from our own country.
Assign a spl GL account in tax procedure and in Logistsics-General>Tax on Goods Movement(Inida)>Company code settings give the GL account.
Also u maintain the CVD condition on which u get credit in node where u define the excise defaults in CVD Condition Type A/P., ECS Condition Type A/P Imports, ADC Condition Type A/P. this is how the conditions are idenified. check which condition u have mention here and if u have not then mention the condition here so it will not get inventoried.
Regards

India fiscal year requirement

Hi,
I have one requirement
We have one group company and multiple company codes across countries and they all have the fiscal year as Jan to Dec .
But in India case we have April to march fiscal year
Now I canu2019t maintain 2 fiscal years ( we donu2019t have new GL activation)
I understand I have the option either to maintain group fiscal year or country fiscal year and derive financial statements for the other through adjustments.
What are the pros & cons if we maintain April to mach fiscal year Group point of view? Do we have specific statutory requirements in India that demand for Apr to mar fiscal year maintenance because anyways we will be deriving results wrt to India requirements.
If anyone has met with similar scenarios, I request your inputs on this asap. Your few minutes on this will help me to put a step ahead.
What are the Pros & cons if we maintain Jan to Dec fiscal year in India co-code point of view?
we are maintaing Controling are as a company code level
Kindly guide me on this
Thanks in advance
Regards
Kumar

Hi Ravi,
Thanks for your reply
You can maintain a separate fiscal year for the India company code different from the group. This does not affect your normal operations. However, during consolidated reporting, you'll have to take care of the adjustments
Ravi how can we Map above configuration in SAP
if we chose jan to DEC as fiscal year variant then what all adjustment posting required in order to generate financial statements for companies and income tax act in India

Immediate CENVAT Utilization for a particular business process

HI Friends,
The Business requirement is that a single Excise invoice number should be generated for the plant be it domestic or Export Transactions. So we have accordingly maintained a single series group.
The client requires immediate utilization of CENVAT in case of Export under rebate claim alone and for other transactions it would done at month end. As utilization is based on series group can you please suggest how to over come the issue.
Regards
KS

No answered received

Normal material cenvat

Dear Experts,
I have anMaterial cenvat Scenerio with two case
1)The material which is coming from vendor
which we can take cenvat the material which is comming to factory
2) The material which is coming from vendor which we wont take cenvat as the material which is going to job worker and Job worker will take Cenvat
Please suggest me with the two scenrios how the Cenvat and Non cenvat account get posted
Mainly how the linking to accounts takes place.Please sugegst me

Hi,
CENVAT in case if Materials are sipplied to Subcontractor: -
CENVAT Expense A/c (BED) - Dr
CENVAT Expense A/c (ECS) - Dr
CENVAT Expense A/c (H&SECess) - Dr
CENVAT Clearing A/c - Cr
In this case create a Subtransaction Type (For e.g. "SB") and do necessary A/c determination config for ETTs GRPO, OTHR, EWPO, CAPE and DIEX in conjunction with Subtransaction Type "SB"
and select Subtransaction Type "SB" during Goods Receipt of materials for Subcontractors

Part I not update in case of 101 movt.

Hi,
We are unable to capture the Cenvat in case of 101 movt. The problem occurs i.e. No Part I exists for availing credit in excise invoice 966346 2010.
While we have tried to update Part I through J1I5, system showing information "Processing over for 0 records".
In case of 103 movt. while this problem occurs we update the Part I through J1I5, it is successfully updated. But in case of 101 movt. this is not possible.
Please help as a huge amount of cenvat is blocked due to problem of Part I.
Regards,

Thanks dear...
As you suggested in SPRO, i check the settings.. There is showing 101 & 103 with these settings....
Movt. Type......Register
101..................Register RG1
101..................Register RG23A
101..................Register RG23C
103..................Register RG23A
103..................Register RG23C
I think there is no problem...
Plz guide further...

Consignment process and CIN (CENVAT)

Hi ,
I am clear abt the CENVAT process for normal inventory but not sure how should we proceed in case of CONSIGNMENT inventory.
Can anyone pls let me know the process of taking CENVAT in case of Consignment inventory ?
Regards
Shrey

Hi,
Check on it:-
Freight, Excise in Consignment Process
cenvat account
pherasath

Need to load import duty / taxes onto inventory

Hi SAP Gurus
Need your help in one issue related to loading import duty / taxes onto inventory.
Scenario is, Corpoprate office is procuring the doing import for J&K plant.
PO has been raised by corporate office for asset & raw material. Commercial invoice has been posted for Customs 10 %, Customs Edu.Cess- 2 %, Custom Se Edu.Cess- 1 %, IN CVD 14 %, Edu.Cess- 2 %, Sec Edu.Cess- 1 %, IT Duty - 4 %. Material has been delivered at J&K plant. GRN has been done at J&K plant and excise duty has been capture but not posted yet. Invoice verification is also not done for vendor.
Now the requirement is, if we post excise using J1IEX_P for part 2 entry, the posting will happen to CEN SEC EDU CESS CR., CVD/CENVAT CREDIT, CENVAT EDU CESS CR., CVD/CENVAT CLG., CENVAT CREDIT ON HLD accounts. But for J&K plant we want the duty values to be inventorised as we canu2019t take cenvat credit for J&K plant. Also the material has been consumed i.e. stock is also not available.
How can we post the duty values to inventory in above case?
Looking for your valuable suggestions.
Thanks & regards'
Manoj Gupta

MANOJ
you go to j1iex select A02 Change
then select the vendor invoice no then go to item detail data, item select N non cenvatable and and save and go to j1iex A04 Post.
system will post ( it reverse the part1 entries) and it will give you the staus when u post.
This for this time
and for next time you create a seperate pricing procedure for JK plant if vendors are different for JK plant other wise if vendors are common to other plants
then create separate nondeductable conditon types for CVD Ecess on cvd and secess on cvd and addl duty copying the same condition types and assigning account key (with nondedudtable ticked) in pricing procedure.
Chao
give points if helpful
chris

J2IUN Utilization using subtransaction 'IP'

Dear Experts,
I want to utilize credit available in ADC account in J2IUN. Subtransaction IP has been selected in input screen and system is proposing ADC account as required at the time of utilization.
The problem I'm facing is that for every entry against RG23ABED, RG23ACess & RG23AAT1 accounts, system automatically posts a duplicate amount to CVD, Cess on CVD & Secess on CVD accounts respectively. As a result system throws a balance in transaction currency error.
1000 Dr BED Payable
200 Dr Cess Payable
100 Dr Secess Payable
600 Cr BED Cenvat
600 Cr CVD Cenvat - Incorrect entry
400 Cr ADC Cenvat
200 Cr Cess Cenvat
200 Cr Cess on CVD Cenvat - Incorrect entry
100 Cr Secess Cenvat
100 Cr Secess on CVD Cenvat - Incorrect entry
System behaves fine if I change all 3 CVD accounts to respective domestic excise accounts against subtransaction 'IP' in cutomization. But that obviously is not ideal as all export entries would then hit domestic excise accounts during other inward/outward transactions.
Any inputs?
Regards,
Ajit

HI,
Check what are the relevant accounts maintained here if it is wrongly maintained then remove and save
SPRO-> Logistics General ->Taxes on Goods Movement -> India -> Account determination -> Specify excise accounts per excise transactions
Here Select excise transaction type UTLZ and sub transaction type IP and check that what accounts are maintained and remove the wrong entries
That is it from this rule system derive the GL ( remove wrong entries here) and do again

Migo reversal

Dear all,
We are ding migo reversal of import PO using movement type 102 Q at that time system is throwing error
Account determination for entry 1000 PRD ____ _ 1000 not possible
We are reversing it because users have changed the commercial invoice while doing migo against Miro so all CVD is loaded to over inventory
Excahnge rate at time of Migo and Miro are different
My question is that why system is asking for PRD account for material having moving average price
Even if we are maintaining the PRD account then it is showing exchange rate fluctuation in USD not in INR.
CWIP-NON PO CLR A/C     339.56-     USD
GR/IR CLRNG ACCOUNT     300.00     USD
FRX FLTUTN-PO RATE     34.15-     USD
CUSTOM CLRNG A/C     22.36     USD
CVD/CENVAT CLRNG A/C     31.60     USD
CVD/CENVAT CLRNG A/C     0.63     USD
CVD/CENVAT CLRNG A/C     0.31     USD
CUSTOM CLRNG A/C     1.09     USD
CUSTOM CLRNG A/C     0.55     USD
CUSTOM CLRNG A/C     17.17     USD
CWIP-NON PO CLR A/C     29,541.72-     INR
GR/IR CLRNG ACCOUNT     26,100.00     INR
FRX FLTUTN-PO RATE     0.00     INR
CUSTOM CLRNG A/C     1,044.00     INR
CVD/CENVAT CLRNG A/C     1,475.52     INR
CVD/CENVAT CLRNG A/C     29.58     INR
CVD/CENVAT CLRNG A/C     14.50     INR
CUSTOM CLRNG A/C     51.04     INR
CUSTOM CLRNG A/C     25.52     INR
CUSTOM CLRNG A/C     801.56     INR
Kindly suggest.
Thanks and Regards,

Hi Priya,
You need to maintain the configuration settings in OBYC
Transaction : KDM : Materials management exch.rate diffs
Enteer the Valuation grouping code( Check the T.code: OMWD) and G/L Account (VARIATION IN EXCH RATE G/L)
Hope it will clear.
Regards,
Kishore K

IMPORT CONDITION TYPES AND ITS RATE?

In the following condition types used in IMPORT which are all Cenvatable and as on date what is the TAX Rate?
JCDB IN:Basic Custom Duty
JCV1 IN : CVD
JECV IN : Ed Cess on CVD
J1CV IN : H&SECess on CVD
JEDB IN : Ed Cess on BCD
JSDB IN : H&SECess on BCD
JADC Addnl Duty of Custom

Hi,
JCDB IN:Basic Custom Duty - Non Cenvatable ( gets inventorised)
JCV1 IN : CVD - Cenvatable can be used against
JECV IN : Ed Cess on CVD -- Cenvatable
J1CV IN : H&SECess on CVD - Cenvatable
JEDB IN : Ed Cess on BCD - Non Cenvatable ( gets inventorised)
JSDB IN : H&SECess on BCD- Non Cenvatable ( gets inventorised)
JADC Addnl Duty of Custom- Cenvatable as per Excise Law
Above mentioned all Cenvatable duties can be setoff against FG Duty Liability.
One more thing , in some of the state like Pant Nagar , if your client is having a plant and has opted for duty exepmtion, all the above duties will be treated as Non Cenvatable.
Regards,
Vikas

CVD Cenvatable (India case)

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