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May 19, 2017 at 03:36 AM

GST India - import procurement process

6430 Views Last edit May 19, 2017 at 04:11 AM 2 rev

Team,

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.

Thanks