Import bond

hi friends,
i have recieved a material through import order,i want to keep this in customs warehouse, and will recieve in a basis that, whenever i transfer frm customs warehouse, i will pay the duties. for keeping these at customs warehouse at customs warehouse, i have to pay on volume basis. So can anybody can guide me please.....it's too urgent. will be rewarded

HI,
Thanx for reply.but i want to keep the goods itn custom warehouse. that means, our vendor has send the material of 500no.s. but i want to withdraw only 100no.s. i will pay the whole base amount to vendor, but i want to pay duty for 100 no.s only to customs, and i want to track the material at customs warehouse. hope u can understand.. we r using cin. thanx onceagain
Yes you can keep the Materials in the port of the customs... That is the reason you will be paying port charges and insurance charges also for the material.
I am not sure wheather you can pay in installments to the customs though you have recieved the total Quantity of material.
Incase if you want to track this material at the ware house end i am finding only 1 options.
1. create a storage location as custom warehouse.
2. Or first you can get the stock in GR-Blocked stock and then into unrestriced stock... 103 and 105 MVT type...
Thanks & regards,
Kiran

Similar Messages

Import (bonded warehouse)

hi gurus,
Can any one tell me,how to map IMPORT under bonded ware house.
Regards
ROC

Hi,
For this you have to create Bonded Warehouse as a Plant.
When you create Import PO, create for Plant of Bonded Warehouse. In this PO don't maintain any Import Duty in this PO, only maintain CIF Base Price. Here follow the below process;
1. ME21N - Create Import PO in Plant Bonded Warehouse
2. MIGO - GR w.r.t. Import PO
3. MIRO - LIV w.r.t. Import PO
Now once the materials are in Bonded Warehouse Plant, you can transfer material from Bonded Warehouse Plant to Main Plant and then you are liable to pay the Import Duties. Here follow the below process of STO to transfer and pay the Import Duties to Customs Office.
1. ME21N - Create STO (in Main Plant, Supplying Plant as Bonded Warehouse Plant)
Here in this PO, maintain all the Import Duties;
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
And assign the vendor code of Customs Office for all above condition types.
2. VL10B - Outbound Delivery from Bonded Warehouse Plant
3. MIRO - Customs Invoice Entry
Here following Entry will get posted;
Customs Office Vendor - Cr
CVD Clearing A/c - Dr
CVD Clearing A/c - Dr
CVD Clearing A/c - Dr
CVD Clearing A/c - Dr
Customs Clearing A/c - Dr
Customs Clearing A/c - Dr
Customs Clearing A/c - Dr
4. J1IEX - Capture BOE
5. MIGO - Goods Receipt w.r.t. Outbound Delivery (Here also refer Customs Invoice)
FI Entry will be;
Stock A/c - Dr
GR/IR Clearing A/c - Cr
Customs Clearing A/c - Cr
6. J1IEX - Post BOE
Here FI Entry will be;
CENVAT Input BED - Dr
CENVAT Input ECS - Dr
CENVAT Input SECess - Dr
CENVAT Input ADC - Dr
CVD Clearing A/c - Cr
Note: -
To configure STO Pricing;
Go to SPRO > MM > Purchasing > Purchase Order > Define Document Types > Here select "UB" and copy to a new PO Doc type.
In SPRO > MM > Purchasing > Conditions > Define Price Determination Process > Define Schema Determination > Determine Schema for Stock Transport Orders > Here assign Calculation Schema "RM2000" i.e. Stock Transfer Document to Schema Grp Pur. Org, STO Type (New One) and Supplying Plant.
Calculation Schema "RM2000" has condition type P101 which will pick up the MAP of supplying plant automatically during creation of STO in ME21N ("Conditions" Tab).
Also include above mentioned Import Duty conditions in Pricing Procedure RM2000 in M/08

Custom Bonded Warehouse & Import Customs Duties inventorised

Hi all,
i have created a bonded ware house plant and transferring the material from the bonded warehouse to other plant by the following way.
ME21N - Create STO (in Main Plant, Supplying Plant as Bonded Warehouse Plant)
Here in this PO, maintain all the Import Duties;
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.
Miro done first for the paying the customs duty to the govt.
351 movement carried out.
in the accounting documnet, all the excise duties are loaded on the material. my case is i want only the customs duty to be loaded on the material not the cvd, ecess on cvd.
How to proceed further. kindly help me out
Reg
Vikas
Edited by: Vikas Mayekar on Apr 24, 2009 12:07 PM

Hi Vikas,
I am facing the same problem of CVD amounts are uploading on to the material value in transfer posting from bonded warehouse plant.
can you explain the process of the CVD amounts are not to be uploaded on to the material value in transfer posting from bonded warehouse plant.
Regards,
Venkat

Bonded Warehouse-Import duties

Dear All,
We have created a bonded ware house plant and transferring the material from the bonded warehouse to other plant by the following way.
1.) ME21N - Create STO (in Main Plant, Supplying Plant as Bonded Warehouse Plant)
Here in this PO, maintain all the Import Duties;
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.
2.) Miro done first for the paying the customs duty to the govt.
3.) 351 movement carried out using Transaction code : MB1B
4.) in the accounting documnet, all the excise duties are loaded on the material. in our case,we want only the customs duty to be loaded on the material not the cvd, ecess on cvd. as it is required to take the cenvat credit for the same.
5.) while doing the MIGO against the stock transfer order, system is not asking the reference of the Custom MIRO document.
Please suggest , how to proceed this scenario.
Thanks & Regards
Nitin Chhabra

Dear Nitin,
Judging from my knowledge of EC customs law, I don't think you will be able to fully map a bonded warehouse, i.e. the entire customs procedure, in SAP ERP. The main obstacle in my opinion is that the system doesn't distinguish between goods still under customs supervision and goods released for free circulation. For the system, stock transfer from plant to plant is thus basically a logistics issue. It doesn't recognize the customs and tax debt that arises at the moment you remove stock from your bonded warehouse.
Best regards,
Christiane

Bonded Warehouse

Dear Gurus,
I have created bonded warehouse as a plant. I place PO on this Plant w/o taking any duties in this...Later i make an STO from bonded warehouse to Manufacturing Plant...For STO i created one pricing procedure taking Custom duty, CVD etc...
Next how to do JIiEX?? should i create bonded warehouse plant as excisable???
I dont know how to proceed to take CVD credit..How to post excise invoice etc..
When usually PO for imports is done dummy tax code V0 is put...but in STO where to put this TAX CODE when i am taking import duty in pricing procedure of STO??
Please guide me .. its urgent ..
Regards,
Rohan

Hi Ramakrishna,
Thanks for your reply. I need to explain whole thing please tell me whether am going in right way.
Customizing
1) Created Document type ZUB.
2) Created Pricing Procedure specially for STO taking Customs into consideration and other duty.
3) Customer created for Receiving Plant
4) Assigned that customer to sending plant( Dummy Port Plant).
5) Whether the Dummy Plant created should be excisable. Or if its not excisable its ok?
6) Any precautions to be taken?
rest as you said.... Am i correct?
Regards,
Rohan

Stock Transfer from Bonded WH to Depot (Excise)

Hi All,
We have a business scenario of bonded warehouse where material is imported. In SAP we are following the below process.
a. Create Import PO without any duty > GRN > MIRO (Vendor Payment)
b. Create STO with bonded warehouse as our supplying plant & our depot (excise plant) as receiving plant.
c. Enter all custom duties in STO.
d. Custom MIRO is done.
e. Outbound delivery created against STO > Goods Issue > MIGO
f. When we do J1ID, system throws an error that our supplying plant (Bonded WH) is not marked as depot in CIN plant setting.
Please help me in getting the scenario for Import to Bonded WH followed by stock transfer to my depot where I can capture my RG23D register.
Regards
Virender

Bonded Warehouse need not to be registered as a Excisable Plant or Depot in CIN settings, you still have to Maintain Plant settings for Bonded Warehouse.. Else you will get the Error During J1IG Incoming Excise invoice at Depot. There is no harm even if you maintain Bonded Warehouse in CIN Plant settings..

Sale of imported scrap

Hi,
The scrap is either imported or purchased through high sea purchase and if the material is found inferior quality the same will be returned to the party or on the supplieru2019s advice the material will be sold to another customer.
The AED paid on the imported material or the material purchased through high seas purchase will be transferred to the supplier or the new customer. The required tax Procedure will as follows:
Assesable Value          100.00                   622,768.57
CVD     14%             14.00      14% on assesable value     14%          87,187.60
Cess on CVD     2%               0.28      2% on CVD     2%            1,743.75
HSCess on CVD     1%               0.14      1% on CVD     1%                871.88
Customs Cess     2%               0.29      2% on CVD, Cess and HSc on CVD     2%            1,796.06
Customs Hscess     1%               0.14      1% on CVD, Cess and HSc on CVD     1%                898.03
AED     4%               4.59      4% on the above total     4%          28,610.64
               119.45                   743,876.53
TN Vat     4%               4.78      4% on the above total     4%          29,755.06
Gross Value               124.22                   773,631.59
The above calculation is followed on payment of import duty. Out of the duties mentioned above, except cess on customs and HSCess on customs, other duties are eligible for input credit. Hence on sale we will have to reverse the input credit taken.
At present, we are selling the scrap which is arising out of our manufacturing activity. The provision of TCS is applicable on sale of these scraps. In the earlier one it is only trade and the scrap is not out of the manufacturing activity. Hence there is no TCS provision is required.
The RG1 Sales register is to be updated whenever the sale of imported scrap is made with CVD, Cess on CVD, HSCess on CVD and AED.
help me
shrinath

Dear Sangshetty
Is this a trading scenario?
1) You are buying material from one country & sell it highseas to a customer
2) You are selling the same material at Bond sales thru bonded warehouse
3) You are transferring materials from bonded to your local wharehouse paying all duties & further sell it off taking cenvat credit
In first case you are paying no duty
Second case only VAT will come
Third case BCD+ CVD + cess on cvd+ ecess on cvd + Cess + Ecess + AED
You have to map the third case like depot sales. J1IJ while capturing materials
J1IG while selling the same. In this case you passon the exact duty what you have paid to govt. The duty is not based on your selling price. So after you do pgi you do J1IG transaction which will pass percentage duty what you have paid first to the sales volume. In this case the pricing analysis tab wont reflect the actual duties
Just try this
Regards
Deepu Pillai

Import Scenario ( 100% EOU)

Hi,
Please suggest me how to map the below import scenario,
1) PO to Import vendor ( Vendor Confirmation is there as inbound delivery)
2) Shipping notification will be informed by Vendor.
3) Creation of Inbound delivery based on delivery schedule lines in PO.( Needs to track ETD,ETA,Invoice no, Bill of lading no, Batch no and container no)
4) Goods will receive at port - if space available GR will take place at plat or else it will goes to bonded ware house.
Port to plant - needs to apply for Procurement certificate. PC + BOL+Invoice will be send to CHA ( custom handling agent). once he done with customs goods will release to plant. After few days CHA invoice will come ( AFTER GR).
Port to Bonded Ware house- goods will receive at Bonded ware place. when ever ware people run out of stock they will consider bonded stock.
moving goods bonded to plant the same procedure will apply again.
5) vendor invoice.
here my question is - Standard SAP follows PO-MIRO-MIGO-MIRO...but in my case custom charges are taking care by custom handling agent.
after GR only he is sending the CHA invoice (all charges- ex-inland charges) .( HOW TO MAP THIS)
Regards
Raghu

Hi,
You may very well do GR before customs invoice in case of import scenario, if required. You may post the GR first, and then do the invoice for customs as well as goods. If there is enough stock while doing the MIRO for customs invoice, the same will be loaded to material cost as in normal case. Please test and revert back.
Regards,
AKPT

After Importing Tasks and Memos | Let's Move them from Remember to Calendar? More Extra Steps

After grabbing all your Tasks and Memos from BB OS 7.1, all the entries go unfiled into the Remember App. This is nice, but not nice. Anyone writing code to export these to the Calendar App or within Remember to 'move' them to the Calendar App? Does this make any sense to be left to redo these tasks and memos that invariably and potentially become Calendar worthy in terms of absolute reminders in advance of the due date?
It would seem logical, that say, for example, that if your old memos become potential Tasks, both the tasks and memos in Remember are somewhat treated the same. So now to export them possibly into the Calendar app? What am I missing here?
What would be the work around here temporarily until code is written to take all of your imported tasks and memos from, say, OS 7.1, now inside the Remember App, and send them OPTIONALLY to the Calendar? Nothing I can see at the moment...
Sometimes Memos turn into Tasks, which then could lead to Due Dates/Appointments/Do-To's in the Calendar App IF so chosen. But there isn't a strong blood relationship between Remember and Calendar. If there is, someone advise.
Relationship: Remember<>Calendar (In other words, strengthening the gap between Remember and Calendar.
When you've a SLEW of old Tasks and Memos coming from the previous OS's...wow...
In my Old Bold 9930 I had over a thousand valid memos, and over 2,300 regular tasks, segmented. Now joyously and unfortunately in the Remember App, WHAT A "TASK" TO FILE THEM WITHOUT ANY EXPORT to the Calendar or for the new Calendar to receive them with open arms and bifurcate them accordingly. (Splitting the main into two parts yet having the bond between the apps as close as possible)...
Sad that the old Tasks in BB OS 7.1 now imported into the Remember App has to be copied and pasted into the Calendar App for the Reminder and Re-occurrences, etc. Am I missing something? What a daunting task for power copy/paste people on a full qwerty to a touch keyboard.
Fervently experimenting with QNX Developers on this one. Need a cognitive, logical thought structure here to make this alleged "smooth" transition from one baton to the next baton (OS 7.1 to BB 10 in this area). Dropping the baton won't win the race against the competition here...

Well, what I've done is just the opposite as far as Calendar to Remember as the Calendar has the "Share" function base. With an extra step or two and of a 'cleaning house' from the import from the old OS7.1, I've brought all my tasks and memos into the calendar and brought them back into their respective folder(s) inside of Remember.
You see, because the Remember app is so vast or initially treated as vast, if one is fast enought to power copy/paste while cleaning house, take all your memos, tasks, etc into the Calendar and sync Remember with the Calendar manually via the due date/time function in Calendar, then you've a precusor reminder due date in Remember, which then leads to your day's events in Calendar.
For me I've not doubled up on the amount of tasks and memos, but provided myself as a power BB user the ability to work around and strengthen the relationship between the two apps. If the due date is accurate on the Remember app (if chosen), you do get reminded that particular day, and on that particular day you can then revew the day's notes/memos from within the Calendar app, clean the task/memo house as you move along, and sit back until the code is written just for the reversal of what protocol I've taken here. Either way, you avoid third party apps, your passion for BlackBerry remains, and your productivity is elevated with BlackBerry 10.
A lot of people don't realize how powerful QNX is as I am working with QNX developers now with feedback within the ebb & flow of the code. Give less than three years through BlackBerry Evangelism, Philanthropic aspirations and more, and BlackBerry will take back a strong segmented market space and enhance the quality of lives for those who are loyal and believe in BlackBerry as a lifestyle. All BlackBerry, all of the time.

Connecting an old bondi blue 233 to an existing network

I already have a network set up with an indigo g3 imac wired with an ethernet cable which is currently running on 10.3 and an g4 ibook connected wirelessly running on 10.4.
I have recently acquired an old bondi blue 233 imac and want to connect it wirelessly as it will be located too far away from the dsl router to connect it with an ethernet cable. It's currently running on os 9.2.2 and does not have an airport card. I have heard that it is possible to link it to the network with either a usb wireless adapter, a bridge (whatever that is??!!) or possibly by using another dsl router.
I was hoping someone could explain what the difference is between each method, which one works best and whether any, or all, will be compatible with os 9. I apologise for my ignorance in advance.
Mac OS 9.2.x also running with os x 10.4 and 10.3 on the other models

Another option that no one has mentioned is using the mains power line.
There's a company called Devolo (German) and they make a collection of ethernet enabled mains plugs. One of my clients has bought a set to connect a PC in a room where the wireless will not reach and it works beautifully.
You plug one into a socket near the router, then connect it to the router with the supplied cat5 cable. Yopu then plug another into a socket near the destination computer and connect it to the computer's ethernet socket with the other cat5 cable they supply. You wait a moment or two while the 2 units synchronise and that's basically it. There's some encryption software supplied too if you want to use it.
The Register news site www.theregister.co.uk tested them out and compared them to a similar product by Zyx???? something. The Devolo ones performed better and were cheaper - but more importantly - outperformed Wireless G data-transfer speeds by a margin.
In a couple of weeks (when I've some spare cash), I'm going to get a pair and try them out for myself.
According to their website - they also do a plug with a built-in wireless access point.

MM Import PO transaction

Dear All,
Following is the MM import Scenario how to capture in SAP.
Company ABC Group
Company Code under company is A and B.
In our scenario Suppose company A raise the PO and also open the Letter of credit for the same PO.
Before the good reach the custom territory of India Company A prepares the BOND/HI sea sale in which ownership of the goods is transferred to Company B.
Now it is company B which is responsible for clearing the goods from Custom.
It means custom duty and migo will be done by Company B.
MIRO will be done by Company A which had raised the PO. Company A will make the payment and than raise the debit note on Company B.
Summary of the scenario
Company A raise the PO and open LC, MIRO and make the payment. Raise the debit note on Company B for payment made to import vendor.
Company B do the MIGO after receiving the Debit note from Company A make the payment.
Please let me know how to capture such cross company transaction and how to maintain the GR/IR clearing account as one company is doing MIRO and other is doing MIGO.
Regards,
Bhadresh

Dear Sir,
From your question I am interpreting what can be done? Please let me know your answer.
Suppose Company B does the miro based on Debit note of Company A, than company A have to raise the po for that and Company B than do the MIGO and MIRO.
What we have to do for Company A Original PO. One more thing Company A make the payment to Import vendor directly.
Thanks for reply. eagerly waiting for your answer.
Regards,
Bhadresh

Excise capture in S TO of Custom bonded warehouse

hi all,
i have created a bonded ware house plant and transferring the material from the bonded warehouse to other plant by the following way.
ME21N - Create STO (in Main Plant, Supplying Plant as Bonded Warehouse Plant)
Here in this PO, maintain all the Import Duties;
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.
Miro done first for the paying the customs duty to the govt.
351 movement carried out.
in the accounting documnet, all the excise duties are loaded on the material. my case is i want only the customs duty to be loaded on the material not the cvd, ecess on cvd.
How to proceed further. kindly help me out
Reg
Roc

Hi Rakesh,
could you please explain , how you solved this problem ? I am facing exactly same problem. I have posted the problem on forum also.
Thanks in Advance
Regards,
Vikas

Need Clarification on Import Pricing procedure in South Africa

Hi Experts,
Please let me know the import pricing procedure followed in South Africa.
Our Scenario is "We are raising the material PO to Overseas Vendor and a separate Freight Forwarder will do the customs clearing on behalf of us. We are receiving two invoices. One from the overseas vendor for the materials and another from Freight vendor for the Customs clearance and Freight."
In the Freight forwarder invoice, the components are (Split Fee, Cartage Fuel Surcharge, Cartage, Ailine Bond charges, Customs duty, Customs VAT and agency/documentation/facility/ release fee).
Can we do this by using Std import process? Please let me know your suggestions abt the import pricing procedure.
by
Prabhu

Hi, have you checked for old threads on SDN explaining import pricing ? i think your scenario is straight forward and you shut able to set it up using steps mentioned in below thread:
Import PO procedure..?
let us know if you find specific issue in following above steps.
Yogesh

Import Scenario|MIGO no excise calculated|BED SED ECess SHECess all are 0|

In Import scenario, when i am doing MIGO after LIV for Custom vendor, system is not capturing excise invoice , infact its showing all excise components like BED,AED,ECS & SHECess etc "Zero" value. Kindly help me out & point me out where i am making mistake..just want to inform..we can take credit on CVD,ECS on custom etc...

Hello,
Indian Import cycle is bit more complicated and SAP is not geared to handle in a straight manner through single MIGO as the cycle consists of multiple vendors.
This requires special Schema to be developed and needs Both FICO and MM consultants to work together.
Imports will have two categories.
Category 1: Bonding and De-bonding cycle ( Freight and Insurance during Bonding and other duties during De-bonding )
Category 2 : Home consumption ( all charges to be accounted at one stage )
Further Import cycle also has two types :
Type 1 for Manufacturing plant ( CENvat credit for certain duties to be availed )
Type 2 for trading plant ( no credit of duties )
In altogether there are 4 procedures to be adopted for the above.
The schema should be such that, at PO stage. We should be able to assign multiple vendors : Import supplier for Items ( foreign currency ) , India customs for Duties ( Indian currency ) , Freight and Insurance separately ( Indian or foreign currency as the case may be ). During schema, duties have to be defiend as VATable and non VATable. Accordingly, accounting posting keys to be defined.
Most important aspect is the FI transactions and mapping it to import cycle. In case of Import cycle, MIRO is done first and then MIGO is carried out later steps.
Payment of Advance to Supplier : Vendor advance and corresponding enctry in GL account, credit Bank a/c , debit Vendor A/c
MIRO is done in Three or four instances ( may be five also if cenvat credit for duties to be taken ).
Step 1:
MIRO -1, Freight vendor : Inventorised : Credit Freight Vendor, debit freight & Insurance clearing account, when money is paid : Debit Vendor, Credit Bank
MIRO -2, Insurance Vendor : Inventorised : Credit Insurance vendor, Debit Freight & Insurance clearing account, when money is paid : Debit Vendor, Credit Bank
MIRO- 3, India customs ( All five duties together ) : Inventorised    credit Vendor, Debit Duties clearing account, when money is paid : Debit Vendor, Credit Bank
                           OR
MIRO - 3, Basic Duties : non vatable : to be inventoriesed, Credit Vendor, Debit Duties clearing account and
MIRO - 4, ED, Edu cess : vatable :, Credit Vendor, Debit vat clearing account, Vat credit through ji1h and non inventorised, hence will not be part of costing, Credit Vat clearing account, Debit VAT account when money is paid : Debit Vendor, Credit Bank
Step 2:
MIGO : to Stores where accenting documents gets generated to the extent of inventorising .All the inventorised values in corresponding GL accounts produces the Product Cost. Debit Inventory
                      Credit GRIR a/c
                      Credit Freight & Insurance A/c ( for both freight & Insurance )
                      Credit Duty clearing a/c ( 3 or % as the case, may be )
Step 3:
MIRO - 4, on Supplier ( Foreign exchange ), Entry to be cancelled against advance paid. While carrying out, the difference in exchange rate also to be passed on to separate GL account. : to be inventgorised.
Credit Vendor a/c, Debit GRIR clearing a/c
Regards
Mahesh Naik

Import process

Hi Experts,
I am new to MM & CIN. The existing process of my client in aspects of Import purchase are as follows:
1. Purchase order against import vendor
2. MIRO raised against Commissioner of Customs - Payment of Import duties.
3. MIGO
4. MIRO against the import vendor.
Now my client like to come up with a bonded warehouse plant by which they get an option to keep the material at the warehouse for 90 days without paying the customs duties.
After completion of 90 days, they would pay the duties & move the stock to factory plant.
In that case the business process flow would be,
1. PO against import vendor - Bonded warehouse plant
2. MIGO - Only Stock a/c and GR/IR are to be accounted, no accounting of CVD & customs clearing should be happened. (Storage location - RM Non duty paid)
3. MIRO against Import vendor - Only vendor a/c & GR/IR are to be accounted.
After completion of 90 days,
4. MIRO against Commissioner of Customs - CVD & Customs clearing should be accounted here. Duty cost should be added to Inventory.
5. Transfer from one storage location (Non duty paid) to another storage location (Duty paid). Cenvat credit has to be availed in this process.
Please help me out on where to start, and the steps ? Thanking you in advance.
Regards,
Vijay N

Hi,
These are steps for the bonded warehouse process.
1.     Create the bonded warehouse as a Separate plant.
2.     Create a PO for the bonded warehouse plant.
3.     Make GRN against the PO
4.     Make invoice for the Imports vendor for the Material cost alone.
5.     Create an STO for moving the Material from the bonded warehouse to the Manufacturing plant.
6.     The STO pricing schema should be similar to that of Imports pricing schema which will contain all the import customs duties.
7.     Create a separate sub transaction type BO to differentiate it as bonded warehouse against Excise transaction event type GRPO
8.     Create a PO with the inventorised import conditions (Basic customs duty,Ecess on total,SEcess on total)that are to be loaded on the material.As these duties cannot be availed from the govt.
9.     Donu2019t maintain CVD Conditions at the time of PO creation, as these could be added to the material during GR.
10.     As we are availing the CVD from the govt, we will pass this as a separate g/l account entry at the time of MIRO
11.     Make Transfer posting Thru Mov type 351.
12.     Make Migo for the same.
13.     Capture and post the excise invoice and in the excise invoice tab maintain the sub transaction type as BO.
14.     Part 2entries is updated after saving the document.
15.     Miro done against the PO and separate G/L Accounting entry is made for the cvd clearing account.
Regards,
velu

Import bond

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