CVD IMPORT

hi
I amfacing problem in import purchase
CVD value is Imposing on material value (i.e it in non
cenvatable & is should be cenvatable it should not added to
material value because we take CENVAT credit for CVD
amount )
entries are like this
Creation of New Condition type for the Cenvatable CVD(Countervailing Duty)
Currently the Non-Cenvatable CVD, Condition type is existing
This CVD is adding to the stock Value.
1.     When the CVD is paid, the Journal entry is
                     Custom Clearing A/c Dr         Rs. 100
                      CVD A/c                   Dr         Rs.   50    
                              To  Bank A/c     Cr         Rs. 150
2.     When GR is done
Stock A/c      Dr           Rs. 1150
To  GR/IR Clrg          Rs.1000
To  Custom Clrg          Rs. 100
To  CVD                Rs.  50
      3.   Stocks  are Consumed :
Stores & Spares Consumed A/c    Dr           Rs. 1150
          To Stock A/c      Cr    Rs. 1150
*please suggest me it urgent
Edited by: sachin patil on May 7, 2008 8:29 AM

HI
U HAVE TO ASSIGN G/L ACCONTS FOR THE AMONT U PAID FOR THIS CONDITION TYPE IN TAX PROCEDURE AT ACCURALS
REGARDS
SRINIVAS KONA

Similar Messages

  • CVD IMPORT urgent

    hi
    I amfacing problem in import purchase
    CVD value is Imposing on material value (i.e it in non
    cenvatable & is should be cenvatable it should not added to
    material value because we take CENVAT credit for CVD
    amount )
    entries are like this
    Creation of New Condition type for the Cenvatable CVD(Countervailing Duty)
    Currently the Non-Cenvatable CVD, Condition type is existing
    This CVD is adding to the stock Value.
    1. When the CVD is paid, the Journal entry is
    Custom Clearing A/c Dr Rs. 100
    CVD A/c Dr Rs. 50
    To Bank A/c Cr Rs. 150
    2. When GR is done
    Stock A/c Dr Rs. 1150
    To GR/IR Clrg Rs.1000
    To Custom Clrg Rs. 100
    To CVD Rs. 50
    3. Stocks are Consumed :
    Stores & Spares Consumed A/c Dr Rs. 1150
    To Stock A/c Cr Rs. 1150
    *please suggest me it urgent

    Hi,
    After po...Do miro as u need to pay the customs duty to the customs vendor..then do migo ..while doing migo it asks for commerciel inv number ...give the invoice number ...then after doing migo ..do miro as u need to pay for the import vendor..

  • 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 ?
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    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.
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    How about the  cess 2% on overall duty?
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  • Excise capture in import po for free item

    Dear Friends
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    I have created an import po for free item.
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    The item detail tab is hidden, I cannot enter the planned delivery costs for the item
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    The only way to do it is to assign a small notional value (like 0.01 USD) to the item, so that the conditions tab does not disappear.
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  • Import po cvd

    Hi,
    in import purchase ,i maintained all coditions jcdb,jcv1,jecv,j1cv,jedb,jsdb,jadc,.
    I done MIRO (planned delivery costs) afetr creating P.O .
    while capturing  excise invoice in MIGO . cvd ,edu cess on cvd and H& SE on cvd are not picking there(rg23a part 2  is not capturing ).These conditions should be captured in excise invoice.if tried to post in j1iex  system giving information part1 no cenvat availament is not available.
    pls guide me how to solve this scenario
    thanks & regards
    vr

    hi
    try using J1IEX for capture and post invoice
    Import scenario process should be as follows
    1.Create material master of import goods.
    2.Create vendor master record of import vendor and Customs clearing vendor.
    3.Maintain CIN settings.
    4.Maintain J1id.
    5.Maintain Pricing procedure SAP standard JIMPOR..,maintain required conditions..JCDB,JCV1...
    6.Assign the schema to respective import vendor in Purchasing view of VMR.
    7.Create import PO ,check in conditions of JCDB, JCV1 the customs clearing vendor(Indian vendor) and percentage is assigned..This can be done by In condition tab select condtion then click on display,then enter.
    Save the PO.
    8.MIRO --Capture Bill Of Entry.(Commercial Invoice No.,).Customs clearing first .Here CVD will b converted to BED.
    9.Capture Excisse invoice--j1iex.
    10.MIGO.
    12.Post Excise Invoice.
    13.MIRO...Payment to vendor(import vendor)
    Prerequisite
    TOTAL IMPORT CONFIGURATION AND CYCLE
    in ur pricing u have to create following
    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 Additional Duty of Custom
    JCV1, JECV, J1CV and JADC will go to Excise MODVAT Accounts and JCDB, JEDB and JSDB will get loaded on inventory.
    In M/06, for all above conditions, keep following controls;
    Cond. class A (Discount or surcharge) Plus/minus A (Positive)
    Calculat.type A (Percentage)
    Cond.category B (Delivery costs)
    Activate "Currency Conversion" and "Accrual"
    now for setoff
    maintain the following conditions in excise default settings.
    JCV1, JECV, JADC
    path: spro>logistic general >tax on goods movements>india >basic settings>determination of excise duty >maintain excise defaults >
    along with ur taxprocedure maintain these conditons in the specified fields
    JCV1 in CVD condition field.
    JECV in ECS conditon field.
    JADC in ACD conditon field.
    in case of secess on CVD, no need to maintain.
    it is hardcodded in the standard
    Vendor in GR 2 (Entry always possible)
    regards
    kunal

  • CVD and Excise Register Update for Free of charge Imported Material

    Hi,
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    Can anyone provide some idea to resolve this?
    Thanks in advance

    While trying to post Excise Invoice Value in J1IEX without Purchase Order I am getting an error "GL account has not been assigned for RG23ASED in customization"
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  • Free Import PO with CVD

    Hi,
    Can anyone let me know about the process of creating a Free Goods Import PO where  I have to pay CVD.
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    Regards

    Hi Nikhil,
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  • CVD and ADC accounts are not getting credited during the Goods Receipt of Imports PO (India)

    Hello team,
    We are receiving the goods against with the Imports PO. Before the GR, we have paid the Customs duties to the Indian government. And, in the Invoice of Customs (MIRO), the CVD and ADC G/L Accounts got debited with the respective Accrual Accounts which are maintained in the Pricing of Imports at the CVD and ADC conditions. But, as per the standard procedure, during the GR, the same gets credited. But, it's not happening.
    Can anybody suggest what is the bug here that we need to correct?
    Thanks in advance for your response.
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    Satya

    Have you used subtransaction type IP in MIGO.
    Refer below notes.
    929681
    - Subtransaction type not picked up for ADC in MIGO C&P EI
    910681
    - Legal changes on Additional Duty of Custom
    and
    964190
    - ADC on domestic purchase of imported goods
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  • Part 2 Entry Not Created For CVD,ECess for Imports Purchase .

    Hi
    I have created Imports Purchase Order With Condition Type For Basic Customs Duty,In CVD(JCV1) , ECS on CVD (JECV) , 2nd Edu Ecess and ADC .
    Then Passes IV For these Charges ,
    If i capture Invoice in J1iex , then the system raise Err" No Part I exists for availing credit in excise invoice IMPORT01 2007"
    During Migo , i captured the Invoice , then when i am posting the Invoice ( J1iex ) , system is raising Message NO CENVAT Available, No Cenvat TO BE Reversed.
    and NO Part 2 entry is genearated .
    Rgds
    Paresh

    Hi Asma,
    In the time of goods receipt (MIGO) RG 23A  part 1 will get updated automatically.
    For Duty updation, GOTO J1IEX , post with respect to vendor excise invoice.
    To check if it is posted or not. In J1IEX itself select display WRT vendor invoice you can see this invoice is posted or not in EXCISE INVOICE TAB PAGE IN DOC STATUS FIELD.
    Then using t.cobe J2I5 extract the RG23a Part2.
    Then using t.code J2I6 you can print or extract in Excel based on your selection.
    Hope this will clarify.
    Regards,
    S.Umasankar

  • Excise base value for CVD Calculation in Import depot pricing?

    Hi,
    In case of Import procedure the condition base value which is copying to excise should be sum of assessable value + Basic customs but it is not happening..
    kindly suggest me on the same..
    regards,

    Hi
    for  custome invoice valu will be
    1) IN CVD
    2) ECESS on CVD (%)
    3) SHECESS on CVD (%)
    4) additinal
    5) IN Basic customs
    6)Custom's Edu Cess
    7)Sec ECESS ON Customs
    out of these
    1 t0 4 will be in excise invoice
    1)chek in po tax code 0
    2)chek following setting in spro-
    Logistic general-tax on goods movement-account determination-specifiy exciseaccounts per trasnction and psecify excise gruopper transction chek IP here for you Grop setting
    3) chek condiiton type with accuralse and account key is there or not
    GRPO IP CR CLEAR
    GRPO IP DR MSUSP
    GRPO IP DR ONHOLD
    GRPO IP DR PLAAED
    GRPO IP DR PLAAT1
    GRPO IP DR PLABED
    GRPO IP DR PLACESS
    GRPO IP DR PLAECS
    GRPO IP DR RG23AED
    GRPO IP DR RG23AT1
    GRPO IP DR RG23BED
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    GRPO IP DR RG23SED
    EWPO IP CR CLEAR
    EWPO IP DR PLAECS
    EWPO IP DR RG23AED
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    EWPO IP DR RG23BED
    EWPO IP DR RG23ECS
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    Regards
    Kailas ugale

  • Import: CVD Base Value field is blank in MIGO

    All SAP gurus,
    We are running a Import's scenario.
    For this we have created Z condition types for CVD and BCD,  maintained all the condition types in pricing procedure (Customs Duty and CVD etc)
    Excise defauls are also maintained.
    problem we are facing is:
    Base value field is blank in MIGO and CVD amounts are not coming automatially from PO.
    When we maintained the values for CVD manually, accounting entry is correct.
    Which settings might be missing.
    Regards,

    HI,
    You need to enter the custom invoice number while doing GR wrt to Import PO, it will ask you the commercial invoice number which is your custom clearing agent invoice number once you put the invoice number and the year of the invoice, the base value will be come from there. Also check quantity with which custom commercial invoice was posted in the system should be equal to GR qty.
    BR
    Edited by: Sujoy on Feb 20, 2010 11:20 AM

  • How to show CVD as CENVATABLE (ie with set-off) in Import Purchase Order

    Dear Sir,
    In our existing SAP system , the Import Purchase having CVD are showing CVD as Delivery Cost . However we desire that CVD being CENVATABLE should get reflected with a Set-off  in the similar fashion as  cenvatable EXCISE-DUTY is being shown incase of DOMESTIC Purchase Order .
    We request you to kindly pl guide us about this pl .
    With Regards
    Sonia Agarwal

    Hi friends
    As suggested  in the posted reply , I have done following :
    a) For CVD condition , Maintained accrual as FR3 in pricing procedure
    b) Tick the condition as Statistical
    c) In J1ID maintained Material as Raw-material
    But still , the net value appearing in Purchase Order , includes the CVD .
    Kindly guide us pl .
    Regards
    Sonia Agarwal

  • CVD condition change in import PO

    Dear Experts,
    There is a requirement to change CVD condition percentage for lot of import PO's which have partial GR. If we change condition records thru MEK1 tcode it is not effective since we have to go & update each & every line item conditions by clicking update procedure. It is also practically difficult to do for lot of PO's. Please let me know what needs to be done.
    Regards
    Raghavendra MS

    i think manually also not posible if GR have been done aginst that PO line item. as those are time independent conditions
    cond record will be effective for new po only
    either u will have to shot close all the PO and creat new line ite in same po or creat new one.
    or
    Any ways value of CVD flows for MIRO it has nothing to do with PO value in CVD , so i think it will not make much diffrence.
    hope this will help

  • Import purchase : With CVD and cenvat utilisation

    Dear all,
    In import scenario to the Indian context, a PO is placed on a agent for liscence to import. The CVD and customs duty needs to be adjusted against the PO placed on the agent. It means there are two POs. One on import vendor for material and another domestic PO placed on agent for customs duty.
    Can we link both the POs so that the customs duty in the import PO will be triggered or adjusted against the domestic PO placed on agent?
    Regards.
    Milind Dugade

    Hi
    usually in industry you never raise a PO for customs or frieght vendor seperately.
    Only thing you want is a PO for a vendor from whom you are procuring the material. Rest is the payment to all vendors, frieght vendors and Customs which are involved in the procurement of that material.
    In a Import procurement cycle we usually pay to customs and frieght vendor before the reciept of the goods. So this all settings can be done when you are maintaining the conditions in a PO. Just select the condition and choose display their you can assign  the vendor. Please make sure you untick GR based IV.
    Then doing MIRO when u select planned cost u get a pop up for the frieght vendor , customs or other. You can easily make the payment to those vendors.
    Same for the domestic frieght vendor you can assign the vendor against the condition type.
    Enjoyyyy
    Akshit

  • CVD VALUE GETTING INVENTORIZED IN IMPORT PO

    Hi Friends,
    In my Factory based stock transport PO  for import purchase, I have mentioned CVD and EDB condition type. When I take receipt of the material, for the oubound delivery (plant A to plant B) , the CVD value is getting inventorised. Since I will be getting cenvat for this value , I  want that not to add this value in the invetory value i.e. cost of the material. What settings is required so that this value donot add up in the material cost . I heard that CVD condition can be statistical and then JEDB can be calculated on it. Does anybody have got idea about this.
    Or    can  anyone suggest any other alternate for this scenario.
    Thanks & Best Regards,
    Atul K

    hi
    CVD doesnt add to the material cost ,it is the customs duty which get inventorised
    now ru doing STO or what
    if it is the import purchase at a plnt then check following
    in ur pricing u have to create following
    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 Additional Duty of Custom
    JCV1, JECV, J1CV and JADC will go to Excise MODVAT Accounts and JCDB, JEDB and JSDB will get loaded on inventory.
    In M/06, for all above conditions, keep following controls;
    Cond. class A (Discount or surcharge) Plus/minus A (Positive)
    Calculat.type A (Percentage)
    Cond.category B (Delivery costs)
    Activate "Currency Conversion" and "Accrual"
    Now for setoff
    maintain the following conditions in excise default settings.
    JCV1, JECV, JADC
    path: spro>logistic general >tax on goods movements>India >basic settings>determination of excise duty >maintain excise defaults >
    along with ur tax procedure maintain these conditions in the specified fields
    JCV1 in CVD condition field.
    JECV in ECS condition field.
    JADC in ACD condition field.
    in case of SECess on CVD, no need to maintain.
    it is hardcode in the standard
    Vendor in GR 2 (Entry always possible)
    Import scenario
    1.Create material master of import goods.
    2. Create vendor master record of import vendor and Customs clearing vendor.
    3. Maintain CIN settings.
    4. Maintain J1id.
    5. Maintain Pricing procedure SAP standard JIMPOR.., maintain required conditions..JCDB, JCV1...
    6.Assign the schema to respective import vendor in purchasing view of VMR.
    7. Create import PO, check in conditions of JCDB, JCV1 the customs clearing vendor(Indian vendor) and percentage is assigned. This can be done by In condition tab select condtion then click on display, then enter.
    Save the PO.
    8. MIRO --Capture Bill Of Entry.(Commercial Invoice No.,).Customs clearing first .Here CVD will b converted to BED.
    9. Capture Excises invoice--j1iex.
    10.MIGO.
    12.Post Excise Invoice.
    13.MIRO...Payment to vendor(import vendor)
    PLEASE EXPLAIN THE SCENARIO
    regards
    kunal

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