IN GST india regime, Import procurement will have BCD (Basic Customs duty) & IGST taxes applicable. SAP has given two new Tax condition types (JIMD & JIMN), Tax routine and Assessable value field in MIRO.
But I am unable to get the actual purpose of Assessable value field in MIRO? W'ter in PO itself after entering IGST tax code, Tax % will get calculated?
IGST will be calculated on BCD + Base amount or Assessable value? Pls throw some light on this.