CIN Implementation..

[Former Member]

Hi Everybody,

Can any one give me list of implication araising out of CIN implementation in middle of fiscal year on a live project. As our client is asking for implention of CIN now, whereas our project has gone live in April.

Thanks & Regards

1

[Former Member · Accepted solution]

Hi,

Even if the project has gone live, if the client is adamant you can still start the CIN activities from start of month by pulling the opening balances of all excise registers, customising the CIN, all MM and SD excise transaction needs to be started with that.

Ideally it should start at yearend.

[Former Member · Accepted solution]

Hi Jadhav,

There is lot of data our client is not actually a manufacturing company, It is a service company. eventhough our client want to capture service tax paid in to diffrent Gl and want claim setoff for that.

Can u give me the over view of CIN implementation in a live project.

[Former Member · Accepted solution]

Hi

I would suggest you to implement CIN for next financial year.Lot of intial entries have to be done for reporting purposes .It would be better if they maintain as they were maintaining intially for this fiscal year.

Thanks

Suresh