How to take back or sale the scrap From Production

Hello
Suppose we have Issue some materials to Production say 1000 qty, for production, then here some scrap remains,we want to sell this scrap how to do?
we have created the one material code for this scrap , How to take this material back and sale to out side how to to do this ? which is the best option, what is the use of movement type 531 here?
Regards
sapman

Dear,
At the time of production confirmation, the by-product that is produced gets transferred to the respective location. In this case the SCRAP, the goods movement takes place with the movement type ‘531 – Receipt of by-product into unrestricted use’ which is assigned already in co11n, goods movements.
Once the Scrap is the respective storage location, it is ready for sale.
Create a pricing procedure for selling scrap.
It consists of Excise, education cess & higher secondary cess. And also you have conditions for CST & VAT, & TCS, Surcharge on TCS, education cess & higher secondary cess.
Once you are done with pricing procedure, create condition records, create sales order, deliver and invoice, which is your normal sales process.
Cheers!!

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