Dear gurus in India
My client (trading company) plans to implement ECC to India.
- All goods are imported from outside India. So, custom duty has to paid.
- Standard cost is CIF, so custom duty is not included in standard cost.
- All duty will be paid by forwarder first as temporaly and billed by them later on.
- ADC(Additional Duty Custom) which is 4% of all cost including BCD/CVD/Cess
should be refunded later by claiming state VAT as offset.
According to SAP 964190 - ADC on domestic purchase of imported items,
the solution seems to include ADC’s tax rate(4%) as new condition type for Invoice Verification process.
However, in my client’s case, they cannot know BCD or CVD or Cess until actual custom duty
is informed and billed by forwarder later on. (maybe monthly basis)
So, calculation of ADC by condition type seems impossible in SAP.
In this case, how ADC should be captured in SAP to claim for refund later on?
Just create new G/L account for ADC and posting on FI?
(But, if so, there is no original information such as base amount like CIF or BCD.
So, it seems to be difficult to claim for refund)