Significance and use of CVD indicator and MRP indicator in J1IEX

Question

Dear Frndz...
Plz expln significance and use of CVD indicator and MRP indicator in J1IEX.
Regards,
Amit P Hiran
njoy SAP..
njoy Life...........

Answer 1

hi
>CVD TICk
CVD indicator will be auto ticked when when u go for IMPORT PROCESS
check folowing for import process
import process customization
>MRP TICk
MRP tick is used for the first stage dealer scenario ,where at time of purchase u cant have excise values
the bill will be including base price exciseothertax + delears commisiion
E.g.:
Material Price = 80/-
Excise Duty = 14/- (BEDECessSECess)
Margin = 6/-
Total =100/-
VAT @3% = 3/-
Grand Total =103/-
Step 1:
Create PO with Base Price as 100/- by selecting tax code which is having VAT as 3% (Total PO value will be 103/-)
Step 2:
Post MIGO and Capture Excise Part - 1
Click on More details icon in Excise tab (header), check MRP Indicator in miscellaneous tab, Enter Assessable value as 80 in Excise tab Item level and enter the excise values BED, ECess , SECess manually, check & save the document.
Step 3;
Post Excise Part 2 in J1IEX
Step 4:
Post MIRO by checking calculate tax, edit base value as 80/- enter the amount in header as proposed by the system (103/-), simulate & post the document.
Note 1104456 - Use of MRP indicator for capturing excise duties from dealer