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FOC goods reciept for IMPORT

Former Member
0 Kudos

hi gurus,

i m facing one problem -

i recieved certain imported material FOC from vendor,for that i made one PO with FOC indicator

but i have to pay custom duty thr'o MIRO and again i have to avail benifit of that.

what should i do?

whether diff process is there ?.

regards,

sujit

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

Try to give some least minimum value instead of ticking free goods and capture wrt to PO.

Thanks

Suresh

Former Member
0 Kudos

thanks for the solution

but i have one quiry afer migo it is going to affect the MOVING AVG PRICE

is it so ?

regards,

sujit

Former Member
0 Kudos

hi,

It will be for least or minimum value what u have mentioned in PO.

Thanks

suresh

Former Member
0 Kudos

Hi

If you are maintaining Moving average price for the material then for zero price as well as for a price of 0.01 is going to effect your MAP. as you are adding stock to your existing inventory. so the MAP has to adjust itself after updating the stock.

Thanks & Regards

Kishore

Former Member
0 Kudos

thanks for the solution

Former Member
0 Kudos

i have one quiry

if i have to pay the custom duty and excise and want to get the benifit of the same then what are the acounting effects for that.

please clear me ]

regartds,

sujit

Answers (0)