Dear Forum members,
When I am transferring the excisable goods from one plant to another using STO without delivery, I create an excise invoice using J1IS.
My questions are:
1)Do I have to maintain in J1ID in <b>Material Assessable value TAB</b>, the assessable value of the material or the system will pick automatically the assessable value from the excise invoice that was posted in J1IEX when this goods were purchased.
2)Do I have to manually enter the values of BED, ECESS, Secondary Cess in the fields or the system will determine of its own.
3)Do I have to run the transaction J1I5 to update the register- RG23C or RG23A
4)How the issuing plant registers part 1 and 2 will get updated- automatically or do I have to perform some addition steps/transactions. i.e how to reverse/transfer the excise duty from the CENVAT account of issuing plant will happen.
5)If the cenvat credit of this material has already been utilized, then what is the process.
Your expert guidance is required for the process steps understanding.
thnaks and regards