Third party Excise capturing

Question

Dear All,
How to cature Third Party Excise.
Deatailed Scenario.
My client raises a purchase order for a material X and give it to a vendor(trader).Trader doesn't produce that materail ;he ask another manufacturer to supply material X directlly to my client with pass on duties.
My requirement is
1) How to capture this pass on duties( received from manufacturer who is not direct vendor) and same should be reduced from material cost
Thanks in advance

Answer 1

hi
This is Traders pass-on scenario.
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.
regards
kunal