Discount on Excise Tax
Hi all,
Relating to this discount on excise tax calculation, below are the two options that i am aware of.
Does anyone of you have option c ??
a) Gross Posting (allows specifying the discount base amount at the header level)
b) Separation of the Excise tax from the Item price and driving to a GL Account (allows for discount exemption)
Any comments or suggestions will be appreciated.
thanks
regards, hameed
hi,
Basic price = 1000
Excise (14%) = 140
Edu cess (3%) = 4.20
Total = 1144.20
Discount (5% on 1144.20) = 57.21
Total (1144.20 - 57.21) = 1086
CST 3% (on 1086) = 32.60
Grand total (1086 + 32.60) = 1119.09
Just follow the following:
Step Condition type from to
10 Basic price 0 0
20 Excise 10 10
30 E Cess 10 10-----should be entered in PO
40 Total 10 30
50 Discount % 40 40 -
should be entered in PO
60 Total 40 50
70 CST % 60 60 -
should be entered in PO
80 Grand Total 60 70
Thanks & Regards,
reward if helpul
Kiran
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Issue in MIRO for inventorized excise tax code
Hi,
I have created a PO with excise tax code, but the excise amount to be inventorized,
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But when I am doing the MIRO I enter the total amount as 124.09 on the miro screen then selected the tax code as per PO then material it is showing with amount as 100 insted of 110.30, because of this it is showing some balance difference , which i need to correct manually.
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Regards
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Hi,
How can we handle Excise & taxes in case of Third party Senerio.
for both The case of Third party (with Notification & w/o notification).
Regards
PavanHi
In case f third party PO's only the goods processing & delivery is differing when compred to the Standard PO process.
So all the taxes will be appluicable as you have performed for a Standard PO
The goods receipt has the same effect as a goods receipt for a purchase order with account assignment:
No stock update is made, as the goods receipt is posted to consumption
The value of the purchase order is posted to a GR/IR clearing account for the purposes of Invoice Verification.
The goods receipt can be tracked in the PO history.
You enter the invoice in the same way as an invoice for a standard purchase order.
If you posted a statistical goods receipt for the purchase order, the invoice receipt results in an offsetting entry on the GR/IR clearing account, which is cleared.
If the customer is to be billed in Sales and Distribution based on the invoice quantity specified in the vendor invoice, this quantity is used as the basis for the billing document in Sales and Distribution. The billing document can only be posted once the vendor invoice has been posted.
Thanks & Regards
Kishore -
Hi
While Configuring CIN i came across Excise Tax indicator in that fields are empty i have to make an entry in order to configure i like to know IMG Part where to make an entry for that
Excise tax indicator for vendor
Classifies the vendor for the purposes of calculating excise duty.
please help me on this issue
Thanks & Regards,
senthil.Hello Senthil,
The IMG menu path for tac indicator creation is
SPRO - LO General - Tax On Goods Movement - India - Basic Settings - Maintain excise indicators.
The function of excise tax indicators is explained below.
Suppose your plant is having 50% tax excemption.
Vendor is having 25% tax excemption.
Then when you maintain The tax indicator for Plant/vendor combination or plant/customer combination, you will maintain the final excise tax indicator.
In the above example, the final tax indicator will be 37.5% and you will maintain condition records against this final excxise indicators.
regards -
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Hi experts,
How to configure the excise tax?
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thank youANAND R
which tax your talking about , you need to create tax code as per your companies tax procedure
link for creating new tax code
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Regards
Karunakaran P.Hi Joseph
Thanks for your reply. this may be work around solution but what is the purpose of selecting excise tax code in purchase request.
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How to dispaly excise tax rate in purchase order scapcript
plz help me out
actually i want TO display excise IM PURCHASE ORDER SACPSCRIPT
MEDRUCK
PLZ HELP ME OUT
THANK UHi
First copy the MEDRUCK and do the changes in it
first check the pricing related conditions data in the Main window
check this code
/: ITEM_CONDITIONS
IC ,,&KOMVD-VTEXT&,,&''KOMVD-KBETR& &KOMVD-KOEIN&,,&KOMVD-KWERT&
/:ITEM_CONDITIONS_UNIT
IC ,,&KOMVD-VTEXT(16)&,,&KOMVD-KBETR&,,&KOMVD-KOEIN&,,&''KOMVD-KPEIN&
&KOMVD-KMEIN&,,&KOMVD-KWERT&
Here first know what is the condition type for excise Rate/tax
check in table T685T for this
and in debug of the script check whether that condition type values is coming or not. Mostly it comes, check and display
If the values or not coming then
Write a PERFORM subroutine in the script to bring the related Excise Tax rate from the program and display
see the sample code for Subroutines
The Form :
/:PERFORM CDE_CENT IN PROGRAM ZKRPMM_PERFORM_Z1MEDRUCK
/:USING &EKKO-EBELN&
/:CHANGING &CDECENT&
/:ENDPERFORM
The report :
REPORT zkrpmm_perform_z1medruck .
DATA : BEGIN OF it_input_table OCCURS 10.
INCLUDE STRUCTURE itcsy.
DATA : END OF it_input_table.
déclaration de la table output_table contenant les
variables exportées
DATA : BEGIN OF it_output_table OCCURS 0.
INCLUDE STRUCTURE itcsy.
DATA : END OF it_output_table.
DATA : w_ebeln LIKE ekko-ebeln,
w_vbeln LIKE vbak-vbeln,
w_zcdffa LIKE vbak-zcdffa.
FORM CDE_CENT
FORM cde_cent TABLES input output.
it_input_table[] = input[].
it_output_table[] = output[].
READ TABLE it_input_table INDEX 1.
MOVE it_input_table-value TO w_ebeln.
CALL FUNCTION 'CONVERSION_EXIT_ALPHA_INPUT'
EXPORTING
input = w_ebeln
IMPORTING
output = w_ebeln.
SELECT SINGLE zcdffa FROM ekko
INTO w_zcdffa
WHERE ebeln = w_ebeln.
it_output_table-name = 'CDECENT'.
MOVE w_zcdffa TO it_output_table-value.
MODIFY it_output_table INDEX 1.
output[] = it_output_table[].
ENDFORM.
Reward points for useful Answers
Regards
Anji -
HIII
In chapter id combination I am maintaining the Excise tax rate, but then also while capturing eacise invoice system is showing error " No excise rate found for material 1DC010001 ".
Please advise solution for the same.
Moreover in tax code also the BED is not coming from Chapter ID combination; ie; J1ID
Please advise solution for the same.
Thanks,
AyushikaHi
In J1ID u have to maintain lotsa things
chapter id
material and chapter id combination
cenvat determination
plant and vendor combo
vendor excise details with indicator for tax rate
then material tax rate
and u have to maintain 100% in the BED condition type in ur tax code
try it -
HI,
I have two queiries reg. taxtaion
1 If a material is of Domestic Purchase and Import purchase then how to maintain the Excise Tax Rate for that material.
2. During Capturing the excise sometime we are not able to pick the correct Base value, as it should come from Purchase order, also not able to get Tax rate and tax amount, as should be come from J1ID.
Please suggest me how to go abt that.
Regards,
SeenuHi,
Which tax procedure are u using
U maintain conditions based on material/vdr/plant combination... For import purchase ur vendor is going to be different. Hence your purchasing will not get affected.
The excise values will be captured while capturing excise invoice which are maintained in FV11 & also the same values come in PO. Check if PO is correct. The base value will be taken from PO. Although we can change the same while capturing excise invopice as per correct excise copy we receive from vendor
Regards,
Sourabh -
Excise tax indicator maintainance
Dear all
i have problem with excise tax indicator maintainance.i given the exact problem below
Exc. tax ind. not maint. for 1 1 - please maintain. how can i maintain this?
regards
ajit jaiswalDear Ajit,
The Excise Tax Indicator for Plant (1) & Excise Tax Indicator for Customer (1) will have to be assigned to Excise Tax Indicator for Plant and Customer For .E.g.
Ex Ind Company (Plant) + Exc Ind Customer + Exc Ind
1 + 1 + A
The next step is to assign the Exc Ind A to chapter ID in Excise Tax Rate. Once that is done assign the Chapter ID to material.
This should work.
Regards
Dany
Edited by: Dany Mathew on Oct 6, 2009 11:50 AM -
What is Excise tax indicator.Wht does 1 9 & 3 stands for in Excise tax indicator
Thanks in advanceSPRO-Logistic General-Tax on Goods movement-Maintain Excise Duty indicators.
Hope this helps.
Thanks -
Excise tax combinations not visible
Hi,
I have about 10 excise tax combinations made.
When I enter any Sales or Purchasing document, the tax combinations with BED or CESS etc.
are not visible. Only simple ones as VAT12.5% or CST2% are visible.
Item has already been defined as excisable.
What is the reason behind this?
Regards
Sandeep.Hi
to get visible excise tax codes, that item and its linked warehouse should be excisable.
Then only you can get excise tax codes in any form.
Check the Item master and warehouse master. Excisable check box is there.
Regards
Kamlesh
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