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J1IEX posting problem for Capital Goods


Hi guru,


please give some suggestion the the below issue. it's urgent.




We want two clarification in import process for capital goods

As per standard once complete the Excise posting system will transfer 50 % amount for next year and this 50 % amount will showing in J1I8 Report for capital goods materials, but for below two cases as same is not happened.

  1. 1. We have two materials and both capital goods material and for one material we can get Cenvat Credit and one we can’t get Cenvat Credit.

In this case we have follow the procedure is

a) Po Creation

b) J1IEX capture for 2 Materials

c) MIRO Creation for Custom’s

d) GR with reference of Excise

e) J1IEX Posting with one material selection which we can get Cenvat credit.

Requirement: system should show that balance 50% amount in J1I8 Report after posting the Excise.

  1. 2. We have two materials and both capital goods material and one material rejected

In this case we have follow the procedure is

f) Po Creation

g) J1IEX capture for 2 Materials

h) MIRO Creation for Custom’s

i) GR with reference of Excise for one material only

j) J1IEX Posting with one material.

Requirement: system should show that balance 50% amount in J1I8 Report after posting the Excise,


Please give some solution for the above issue.




With regards,



manas

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3 Answers

  • Posted on Jan 27, 2014 at 10:45 AM

    Hi Manas,

    Check J2I8 instead of J1I8. And also check it out whether proper tax code assigned or not while creating the PO. ( It should be capital related tax code and chapter ID). Make sure J1ID settings are proper

    Regards

    Mani Kumar

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  • Posted on Jan 27, 2014 at 11:02 AM

    Hi,

    In addtion to Mani, in J1ID check the material category, it should be consumeable or asset.

    Also check the PO history and check excise register posting in MIGO excise tab.

    Regards

    Pankaj Pandey

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  • Posted on Jan 28, 2014 at 03:21 AM

    Hi,

    Check the following in J1ID :

    1. Chapter ID has been maintained.

    2. Whether material has been defined as Tools / Assets / Consumables against the plant in which you will be taking credit.

    3. Check whether CENVAT determination has been maintained for that material - plant combination.

    You are requested to check the same before taking credit of that material.

    In order to avail 50% of credit (it should be taken in next fiscal year) you should execute transaction code J2I8.

    Regards,

    Tejas

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