Service tax settoff with excise
Dear Sir,
MY company is a manufacturing company, where it pays the service tax &the invoice value to the vendor in total, now while doing stock transport order, the excise amount which needs to be paid have to be adjusted with the service tax collected on payment to vendor, pls tell me how to settoff service tax with excise
pls help asap.
with regards
suman
Hi suman,
This forum area is for issues or questions relating to the "SAPGui". This is not the correct area to post your question.
Cheers
Shaun
Similar Messages
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Service Tax on Freight & Excise duty on Service
Hi.
In Sales Order From Factory,
1)The Service tax on Freight is paid by customer. ie. one condition type exist that is Service tax on Freight,
Since it is service tax, it should hit RG23A part1
2)Also "Education cess" and "Higher Education Cess" are applicable on service tax paid.
we cant enter Education cess"(JECS) and "Higher Education Cess"(JA1X) twice in Sales Order. one to calculatate on Basic and one to calculate on Service tax.
also if i create 2 diff. condition type JECS and JEC1 , JA1X and JA1Y, how to configure that in CIN "Specify G/L Accounts per Excise Transaction" which supports only one conditon type.
Reg,
AmolHi Amol,
Unlike excise duty, service tax cannot be mentioned in Specify G/L Accounts per Excise transacion as the excise invoice are created for excise duties billing document
Also service tax will not be displayed in RG23A1 i believe it will be only for goods, correct me if i am wrong
Thanks,
Ramesh -
Service Tax on Freight & Excise duty on Service tax
Hi.
In Sales Order From Factory,
1)The Service tax on Freight is paid by customer. ie. one condition type exist that is Service tax on Freight,
Since it is service tax, it should hit RG23A part1
2)Also "Education cess" and "Higher Education Cess" are applicable on service tax paid.
we cant enter Education cess"(JECS) and "Higher Education Cess"(JA1X) twice in Sales Order. one to calculatate on Basic and one to calculate on Service tax.
also if i create 2 diff. condition type JECS and JEC1 , JA1X and JA1Y, how to configure that in CIN "Specify G/L Accounts per Excise Transaction" which supports only one conditon type.
Reg,
AmolHi
You can copy and create new condition types and use them for calculating Ecess and Shcess for service tax.
sap sd cin config
Kiran -
Asset PO with Installation charges and service tax?
Hi Sap guru's,
I searched for this topic but could not find answer. I want to create a Asset PO which had Installation charges (with Service tax). Now I want to incorporate the installation charges with its service tax to the asset account. I tries many ways but could not find the solution. Please, help me <removed by moderator>
Thanks,
Karteek.
Message was edited by: Jürgen LHi,
You needs two tax codes!
You PO contains 2 line items, so create 1st line item with a tax code(S1) of 5% non-credit tax and 2nd line item with another tax code(S2) of 12.36% non-credit service tax.
Both tax code S1 and S2 should have created with service tax condition with different tax percentage 5% and 13.62 % respectively where the same service tax condition type should assigned to NVV key in your tax procedure.
Regards,
Biju K -
Service Tax for transfer from Interim to final account
Dear Guru's,
We are following the TAXINN Procedure. we are at SAP ERP ECC 6.00 version.
As per the Note 921634 they specified the defered tax code and target tax code. and the program RFUMSV50 for transferring the service tax from the interim account to the final account.
When we executing the program RFUMSV50 the layout is displayed by the system but the data is not displayed by the system.
Please suggest me in the following situations
1. First of all, whether this Note is applicable to the TAXINN condition procedure or not.
2. If Yes, do we need to maintain the following customising setting at company code level as per the note 921634
- Maintain the deferred tax rule.
- Assign deferrred tax rule to company code
- Create a tax codes like deferred taxcode and target tax code.
3. If not is there any other note for TAXINN for transferring the interim account to the final account
Thanks for your cooperation.
Thanks and Regards,These are all Part Of FI MM Integration, Discuss with your Finance Team.
Some of the Integration points are below
1. The complete Purchase cycle upto payments
2. Posting made during the purchase cycle and how the integration takes place with FI & CO, including the OBYC settings
3. The Tax procedure for input & output tax and how the same is used in MM
4. The configuration and use of Excise, if you are in india and how the processes are mapped in SAP
5. The Service Tax Configuration, including GTA and the configuration
6. How to utilize service tax credit in excise and the process for mapping service tax through deffered tax configuration
7. Stock Keeping Accounts for stock -
Service tax Receivable and payable adjustment automatically
Dear GURU,
Service Tax Receivable & Payable The Client wants to have a Service Tax Control Account that would be automatically populated for the particular bill / Invoice on the day of Vendor Payment and Customer Receipt.
a. Example
While Billing Entry - 31.01.2008 (SD)
Customer A/c 20000
To Service Tax Payable 500
To Rental Income A/c 19500
(Or)
Service Income
(Provision Entry only)
31.01.2008(MM)
Security Charges 4750
Service Tax Receivable 250
To Vendor A/c 4950
To TDs Payable A/c 50
(Provision Entry Only)
On Incoming Payments from Customers (05.03.2008) (FI)
Bank A/c 19500
TDs Receivable 500
To Customer A/c 20000
(Required Automatically (or) Control) 05.03.2008
Service Tax Payable 500
To Service Tax Control A/c 500
On Outgoing Payments to Vendors (10.02.2008) (FI)
Vendor A/C 4950
To Bank A/c 4950
(Required Automatically (or) Control) 10.02.2008
Service Tax control A/C 250
To Service Tax Receivable 250
Please Note: The entries in Red Font are required to be passed automatically
pls suggestHye
You can not generate this entry auomatically. Other option available is Create Tax code for Ex S1 assign account service tax controll account and create another Tax code Say T1 assign GL Service tax cenvatable ( With Target TAx Code as S1). You have to maintain the Service tax controll item with open item management.
On a periodical basis you execute f.38 transfer the Data from S1 to T1 and adjust the eligiblie amount on a periodical basis. -
Exempted vendor Service Tax Issue
Hi ,
One our vendor having exemptions from service tax . The scenario is follows
If total amount of invoice is 100000 Rs then in normal case service tax payable is 10.33 % = 10330 Rs and Total value is 110330 Rs .
Now for this particular vendor if amount is 100000 Rs then he has to charge service tax on 35 % of amount that means 10.33 % on 35000 Rs so Tax = 3615 Rs and total Invoice amount will be 100000 + 3615= 103615 Rs.
Each time calculating it manually and booking the invoice is not possible . How can I configure such scenarios . Is there any standard settings available for the same
Regards
BhushanHai,
create the new service tax code with required percentage and use the same . -
Return to vendor with excise duty..?
Hi all
can anybody explain me how to do return delivery to vendor with excise return, after invoice verification.
Pls explain me step by step with example (excise duty example ).
firt ve have captured and posted excise duty frm vendor ,
1. then i have created return PO with same tax code with excise duties 1421% + 4% vat. tax valus r flowing properly in return PO (1421%+4%vat).
2.while doing MIGO (wht is mvt type )and wht to do in excise tab.
3...wht is process
Thanks
sap-mmDear,
After done Return delivery
J1IS u2013 Excise Invoice Other Movements
Here click on u201Ccreateu201D button to create an outgoing excise invoice and reverse the CENVAT Amount.
Here put all details as below and Press u201CEnteru201D.
Ref.doc.type - MATD, Doc Number - Material document No of 161 mvmt, Doc Year, Series Group, Excise Group and Vendor
Here check BED, ECS and SECess values to be reversed and click on u201CSaveu201D button to post the excise invoice.
J1IV - Post and Print Outgoing Excise Invoice.
Regards,
Mahesh Wagh -
Transfer of Service tax / Utilization of Service tax
Dear friends
How to utilize the service tax paid?
I transferred the Service tax from Interim to Final Account.
Now I have to utilize
From which T Code I can utilize the service tax against the Excise duty payable?
Regards
Kiran AHello,
Use the transaction code J2IUN. At the bottom of the screen, you have the option to use service tax for Cenvat. Select the radio button and give the final service tax accounts in the fields provided. This will enable you to use the service tax balance against the cenvat payable.
Regards
AKV -
Avail service tax and its Eces,SECESS?
hii all,
Can some body explain me about the service tax scenrio with ecess and secess.
how to avail the service tax ,ecess on service tax and secess on service tax.
Explaination in detailed way is appreciable.
thanksService tax
Background: As per legal requirement, service tax credit can be only availed on the payment to the vendor either full or partial payment.
In the case of sales, service tax is liable to pay to government only on the receipt of sales proceeds for services.
The Approach adopted here is that while booking the liability, Service tax amount will be kept in a u201Ctransit u201Caccount (e.g. service tax on hold Account). Periodically a program will be run which will transfer the Amount from: u201Con Holdu201D account to Service Tax Receivable Account.
Mapping of above scenario in the SAP environment using following SAP Notes
921634 Service tax India: Transfer from Interim to Final Account
For ERP 6.0 use additional notes 1073292, 1073447 & 1076653.
Support Pack level: 10
Please check that notes 785561 and 817486 are implemented in your system or an appropriate SP is installed.
u will get the details in SAP note 921634
and for credit
when u do J2IUN
on the first screen down u will have to put
service tax final gl account
ecess of final st gl account
hecess on ST final Gl account
hope this helps -
Dear Expert
How did I can put service tax and vat in same PO line item.?
Pl suggest.
Thanks
MayurHi,
1) Create one condition type ZWOR as Work Contract Tax(WCT) for VAT.
2) Create Service tax 10.3% (10,2,1) condition type as follows.
a) Condition Type - JSVD for 10%
b) Condition Type - JEC3 for 2 %
c) Condition Type - JSE1 for 1 %
Using T-code FTXP - Maintain Tax code create service tax code and assign the above condition for the that service tax code.
PO creation time, you are using the above created service tax code with combination of VAT & service tax code and then posting time based on condition type vat and service tax value posted to separate GL.
Hope, it is useful for you.
Regards,
K.Rajendran -
Dear Sir,
I want create a new service tax code with 1021 % & i want to assign the g/l codes.
So advice the t.codes & procedure.
Regards,
PrasannaHi,
1) Check what is the claculation procedure assigned to your country -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Basic Settings>>Assign Country to Calculation Procedure
2) Check wether condition types and account key for Service tax, Cess and HCess has been maitained for the Procedure -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Basic Settings>>Check Calculation Procedure - Define procedures.
3) If the Condition types are not maintained, create them and include them in the procedure (you can take help of a SD or MM consultant who knows how to define a pricing procedure).
4)Define your account keys if not already maintained -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Basic Settings>>Check and Change Settings for Tax Processing.
Here, you will give the description, tax type as input or output as per your requirement and posting indicator as 2.
5) Assign accounts -
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Posting>>Define Tax Accounts
Here you can maintain the GL account by double clicking ont the account key created in the earlier step.
Posting key - 40 and 50, and maintain the GL account by selecting the Accounts tab.
6) Use transaction code FTXP or the path
SPRO>>Financial Accounting (New)>>Financial Accounting Basic Settings (New)>>Tax on Sales/Purchases>>Calculation>>Define Tax Codes for Sales and Purchases
and enter country and the ID for the tax code you want to create , Give the description and mention if it is input or output tax.
In the next screen, enter the rates against the relevant condition types.
Please revert in case of any clarification.
Thanks and Regards,
Anit -
How to setoff service tax with excise payable in a manufacturing company
hi
A manufacturing company is collecting service tax from service vendor
As it is a manufacturing company they wants to setoff the service tax with excise payable in T-Code J2iun
please tell me how to configure it in the system.Have you looked into using Defaulting rules ?
OM > Setup > Rules > Defaulting rules
Sandeep Gandhi -
System determining CENVABLE TAX along with Service tax
Hi ASAP,
RAW material Bill passing scenarios
Excisable Material is supplied by 1000 party, Transportation support given by 2000 party.As per supply of Excisable raw material, IV for Party 1000 ( Goods/Services) & 2000 ( planned Delivery Cost) will take place.
Step 1.I have created a PO and in Condition Tab freight cost FRC1 Condition type is assigned with party 200. This is to be passing on to 2000 party (transporter).
Step 2. I have done MIGO for Excisable Mat., G/L entry been passed correctly.
Mat:
4003300 RM- normal ore 163,550.47INR
2021000 Provisional Liab-GR/ 156,654.40-INR
2223000 Entry Tax payable (R 932.07- INR
2023000 Freight Prov-inward 5,964.00- INR
Excise:
4610410 RG 23A-Higher Ed Ces 219.32 INR V1
4610100 RG 23A-BED 21,931.62 INR V1
4610400 RG 23A-Ed Cess 438.63 INR V1
2205000 CENVAT clearing 22,589.57- INR V1
Step 3. Now MIRO for Goods/Services for party 1000.
10000020 TATA STEEL LIMITED186,413.73-INR VI
2021000 Provisional Liab-GR/ 156,654.40INR VI
2205000 CENVAT clearing 21,931.62 INR VI
2205000 CENVAT clearing 438.63 INR VI
2205000 CENVAT clearing 219.32 INR VI
4630100 VAT receivable RM 7,169.76 INR VI
Step 3. Now when i am try to create MIRO for freight cost where service tax is applicable and given relevant TAX code.
when I am trying to calculate service tax , system is calculating wrong figure and in simulation mode, there I am finding that apart from Service tax G/L determination , system is also determining CENVABLE BED & ECS 14 & 2% Respectively over fright cost 5,964.00.which should not ; It has to determine only Service tax over fright cost 5,964.00 .
2003000 N.N. SINGH & BROTHERS7,553.00- S7
2023000 Freight Provision- 5,964.00 S7
4620100 CENVATABLE SERVICE 716.00 S7
4620200 CENVATABLE EDU.CESS 14.00 S7
4620201 CENVATABLE HIGH.EDU. 7.00 S7
2205000 CENVAT clearing 835.00 S7
2205000 CENVAT clearing 17.00 S7
Note: Tax code S7 is working fine in other cases but here its really surprising me.
plz guide me to resolve this error as earliest as possible,
Ponts will be awarded for relevant Reply
With Worm Regards
Manojhi Guru,
this problen has been solved.
Problen was with Tax Condition records.
there is one condition records which is applicable for both tax code i.e. against chapter ID one default tax code is assigned which is applicalble for for Mat as well service item.
1. I have deleted this Tax condition records. and created one tax condition records for material for mat & Vendor specific.
ie. tax requirement for mat and services is being solved.
2. for Mat. MIRO, system is picking up mat& vendor specific and for services MIRO, system is picking up Services specific tax condition records.
Thanks to all gurus.
Points has been assigned for your InPUTs.
Thanks & Regards
MAnoj K Singh -
Plant wise VAT, Service Tax, Excise registration numbers
Hi,
Could you please let me know where we have to update plant wise and company code wise VAT, service tax, excise and other statutory registration numbers in SAP.
Regards,
Dwarak.Dear Laxmi Pathi,
Thnaks for your reply.
Actually the businees scenario is we are getting meterial from Vendors to Port area from the we send it to the respective customers.
Hear we are not selling any product, just providing services,
only one plant we are having for different services as i said in my earliear mail.
for this no excise invoice is required as i hope so.
for the different services we have 4 services registration ID, here we want to know where we have to maintain this in SAP SD CIN point of view, and how to configure the settings.
Please share your valuable Ideas with me for my further proceedings
Thanks
Raju.
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