J1id Excise Rate

Question

Please let me know how to maintain the exceptional  material excise rate and how does it get affected while doing j1iex.
Regards,
Sudha

Answer 1

Hi
Indirect Taxes u2192 Master Data u2192
Excise Rate Maintenance, and then select the following options described below.
1. Chapter IDs
On this screen, you define the chapter IDs and corresponding descriptions as described in the excise
tariff structure
2. Material and Chapter ID Combination
On this screen, you maintain the excise data relating to your materials. For each material, specify:
u2022 Chapter ID
u2022 Whether the material can be sent to subcontractors
u2022 The material type
This denotes, for example, whether the material is a raw material, a capital good u2013
this affects the CENVAT process u2013 or if it is a finished good on which excise has been paid, to
be covered by the Update of RG 1 and Part I Registers
u2022 Whether you accept more than one goods receipt per excise invoice, and if so, whether the excise
duty should be credited to the CENVAT account immediately a goods receipt is posted (multiple
credit) or not until all the goods receipts have arrived (single credit
This information is valid for a given plant. If the information is valid for all of your plants, however,
leave the Plant field blank.
3.Material Assessable Value
On this screen, you maintain the net dealer price and the assessable value of all materials that you
send to subcontractors or for any other issue. These values serve as the excise base value when the
materials are issued, and tell the system how much excise duty to reverse from your CENVAT
account.
4.CENVAT Determination
On this screen, you specify which raw materials are used to produce which finished (or semifinished)
goods. The system uses this information to determine whether it you can claim a CENVAT credit for a
material.
5. Excise Tax Rate
On this screen, you specify for each chapter ID every possible rate of excise duty that might apply, so
you must take into consideration each permutation of plant and customer; and each combination of
plant and vendor.
You can maintain the basic excise rates in the following forms:
u2022 Ad valorem [Ext.]
u2022 Specific [Ext.]
u2022 As a combination of both
For each rate, specify until which date it applies.
You can also maintain the additional excise duty and special excise duty in ad valorem form, should
any apply. If you need to give these rates as a fixed sum, use the Quantity Based AED and SED
screen.
Additional Excise Rate
On this screen, maintain any cess applicable.
Exceptional Material Excise Rate
On this screen, maintain any exceptions that apply to the excise rates that you have defined.
Exceptions can apply to a single material from all vendors, of to a single material from one vendor
only. If you have an exceptional rate for a customeru2013material combination, you can maintain it here as
well.
Sales Tax Setoff Percentages
On this screen, maintain the percentage of local sales tax  on inputs that you can deduct
against LST on outputs. The setoff amount is deducted from the inventory valuation of the material.
Currently very few states, for example, Maharashtra and Gujarat, participate in this scheme.
Hope it helps you