Import procurement with dealer

Question

we have a scenerio wherein the material is procured from a delar but he is doing import
so he cant claim the cenvat and passes on to us to claim it. But at the time of raising the PO the duties are not captured and known at GRN only so kindly advise how to handel it

Answer 1

Hi,Follow the below process
1. Create purchase order and enter net price (inclusive of base value and excise duties)
2. Capture excise invoice together with goods receipt through transaction MIGO, Check MRP indicator found in the Miscellaneous TAB popped up when you click on u201CMore datau201D button on Excise invoice tab at the header level in MIGO
The excise base value is defaulted as the PO price and the excise duties are zero. The excise base is changed such that the sum of the excise base value and the excise duties remain the same as the PO price. The excise base is reduced by the excise duty value and the differential amount is split amongst the relevant excise duty components.
Hence the material valuation also takes place correctly with the changed amount put as the excise base value. Otherwise this would incorrectly get inflated by the excise duty value also.
3. Invoice verification process through MIRO
Change the base value from PO Value to Assessable Value as per Vendor Invoice same as the base value of EI.