INDIA
BASIC SETTINGS
OUT GOING EXCISE INVOICES
MAINTAIN DEFAULT EXCISE GROUP AND SERIES GROUPS Go to “new entries” and enter the required combination of
SALES ORGANIZATION, DISTRIBUTION CHANNEL, SHIPPING POINT, PLANT, EXCISE GROUP AND SERIES GROUP.
THE PROCESS FLOW OF FACTORY SALES IF THE INVOICE IS SENT AT A LATER DATE
1). Create order.
2). Create delivery. (While creating the delivery specifies the delivery type has
“JF”) complete the picking and post goods issue.
3). Create Performa Invoice: - VF01 Create.
Specify the billing type “JEX” and create the Performa invoice with reference to delivery and (SAVE IT),
4). CREATE EXCLUSIVE INVOICE: - Go to “J 1 I I N”.
Specify the button create excise invoice from billing for the field billing document specify the Performa invoice number and create the excise invoice with reference to that.
NOTE: - After creating the excise invoice, we have to create the commercial invoice on the required date.
DEPOT SALES
We may sell the finished goods delivery from the place of manufacture to the customer has we discussed in factory sales are first we may ship them to a separate location for storage called depot from where we sell them to the customers this second procedure is called depot sales.
The depot sales are handled differently from factory sales because of excise law.
The excise duty is payable when we sent the goods from the factory to depot, but it is not levied again when we sell them to customers.
Some times when we make the final sales of the goods from the depot, the price escalation (increase) could have happened with retrospective effect in such senorious we need to pay the excise duty at the factory using on “A” certificate.
We need to register the “A” certificate details in “RG23D” register and recover the excise duty from the customer.
THE PROCESS FLOW OF DEPOT SALES: -1). Create “STO” from the factory to depot.
2). Create a sales order from the depot.
3). Create delivery.
4). Create invoice.
5). Create excise invoice for depot order.
For this from India localization menu select IN DIRECT TAXES
SALES AND OUT BOUND MOVEMENTS
EXCISE INVOICE
FOR SALES ORDER
“J 1 I J” CREATE/CHANGE/DISPLAY.
NOTE: - To take the print out of excise invoice.
IN DIRECT TAXES
SALES AND OUT BOUND MOVEMENTS
EXCISE INVOICE
FOR SALES ORDER
“J 1 I P” PRINT.
NOTE: - To see the list of excise invoices select.
INDIRECT TAXES
REPORTS
J 1 I 7 – LIST EXCISE INVOICE.
NOTE: - For configure the “CIN” the following settings must also be done.
CALCULATION PROCEDURE:
-The “CIN” component is having “2” calculation procedures.
“1” is “TAXINJ” (4.7) and the other “TAXINN” (6.O) the procedure “TAXINJ” is a routine based which will work on the logic what ever is there in that routine.
The other procedure “TAXINN” is a condition record based where we have to maintain condition records for each tax condition type.
From the 4.7 version we are using the procedure “TAXINN”. We have to assign this procedure to country “IN”.
For this go to
SPRO
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING GLOBAL SETTINGS
TAX ON SALES AND PURCHAGES
BASIC SETTINGS
ASSIGN COUNTRY TO CALCULATION PROCEDURE 2). EXCISE REGISTRATION: - SPRO
LOGISTICS GENERAL
TAX ON GOODS MOVEMENT
INDIA
BASIC SETTINGS
MAINTAIN EXCISE REGISTRATIONS Go to “new entries” and create.
A). EXCISE REGISTRATION: - Specify the required code for the excise registration to be used in “SAP”.
B). REGISTRATION DISCRIPTION:
-C). ECC NUMBER: - Specifies the “EXCISE CONTROL CODE” number of the organization.
D). EXCISE REGISTRATION NUMBER: - Specify a number assigned to each premises are location that is registered has a manufacturing unit with the excise authorities every plant with an excise registration number shall have its own excise books.
E). We need to specify the concerned excise range, excise division and the commisionarate in whose area the excise registration is located.
F). We need to specify weather the plant with this excise registration is liable to pay A.E.D, S.E.D & C.E.S.S.
G). We need to specify weather the partial “CENVAT” credit is allowed for the plant with this excise registration.
H). Here we also need to specify the number of items to be printed on each page of excise invoice.
3). COMPANY CODE SETTINGS: -SPRO
LOGISTICS EXCLUSION
TAX ON GOODS MOVEMENTS
INDIA
BASIC FUNCTIONS
MAINTAIN COMPANY CODE SETTINGS
A). Here we need to specify the date from which the excise invoice number range come in to effect by using the field 1st month.
B). The field excise invoice selection days specifies the number of days to be considered for the excise invoice selection.
For ex: - If the value for the field is “15”, at the time of generating the list of excise invoices created for the last “15” days.
C). The field number of excise invoices to be selected specifies the number of excise invoices that need to be selected in the excise invoice selection.
D). If we check the field rounding duty on procurement (purchase) the system rounds the input excise duty.
E). If we check the field rounding duty on removal, the system round the out put excise duty.
F). The field “CVD account” specifies the account to which the CVD amount shall be posted.
NOTE: - The “COUNTER VEILING DUTY” is a form of excise duty levied on the imports there by reducing any competitive advantages that they have over the goods produced locally.
4). MAINTAINING PLANT SETTINGS: SPRO
LOGISTICS EXCLUSION
TAX ON GOODS MOVEMENTS
INDIA
BASIC SETTINGS
MAINTAIN PLANT SETTINGS
Here we need to specify weather the plant is a manufacturing unit or a depot.