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GST query on sales consignment process

Feb 09, 2017 at 10:19 AM

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Dear Expert,

1) Would you kindly help me on how the consignment process (KB/KE/KR/KA) will handled while GST implementation . As per law tax liability will occur at the time of supply (Consignment fill up) only.

2) Can you please share an insight on business place ..How it will work.

Regards,

Guatam S

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5 Answers

Vijayendra Tiwari
Feb 14, 2017 at 12:51 PM
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Hello Gautam,

There is not much clarity over the GST consignment sales process. SAP will keep updating the below GST FAQ note as soon as there is update/info on this.
2405801 - FAQ on Goods and Services Tax (GST)

For more insight on the business place as well, you can refer to the above FAQ note.

Note: Keep following the SAP Knowledge based article 2421394 for information on GST India Pre-requisites/FAQs/Solution. Also keep referring to below launchpad and blog links for solution updates.
https://launchpad.support.sap.com/#/legalchangenotification/detail/GSCBIN-348
https://blogs.sap.com/2017/01/25/gst-india-solution/

Keep following the below JAM Page link for GST updates from SAP and other customers.
https://jam4.sapjam.com/groups/about_page/zSb4pcqj7KwVE2vDu3HFLV

Best Regards,
Vijayendra

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Varsha Rokade May 16, 2017 at 04:01 AM
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hi

Do we have any updates ,as could not get yet solution approach for consignment scenario.regards,Varsha

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Varsha Rokade May 16, 2017 at 04:01 AM
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hi

Do we have any updates ,as could not get yet solution approach for consignment scenario.regards,Varsha

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Shihab M S Jun 09, 2017 at 05:00 AM
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HI All,

Any updates regarding consignment process??????

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Sharath Jeshurun Bashyam Jun 20, 2017 at 01:53 PM
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Hi All,

Upon consulting with the tax consultants , we have implemented the below GST compliance consignment process for 1 of our client.

Consignment Fill up : KB - JF - F2 Making the sales price statistical and only the tax is applicable which is what payable by the CSA on total quantity. (Pricing Procedure A) . Item category settings has to be changed accordingly. The invoice is a Tax Invoice .

Consignment Issue : KE - JF - F2 - No Tax applicability. Because the CSA collects the taxes from the end customer.

Consignment Pick up : KA - LR - RE - Here only the taxes get reversed with respect to the quantity being sent back by CSA (Pricing Procedure A) Item category settings has to be changed accordingly. This process is nothing but the reversal of consignment fill up.

Consignment Return : KR - LR - RE - Here the price, Taxes get reversed .

The document types I gave for reference and you can configure accordingly.

Regards,

Sharath

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