Capital goods

[Former Member]

Whats the difference between Capital Goods & Assets wrt PO creation; as no material is assigned to PO for assets and modvat is claimed for it.

regards

VS

regards

[Former Member · Accepted solution]

Capital good PO will be with out asset number if u dont give acc asssign cat A

then this amout willnot go to any A

and if any PO is given Acc ass Cat As A then it will ask for Asset Number. so that u ammount willgot o asset

for modvat

for thouse material if u have assigned Asset consumable or tools in J1id

in this case u will have to talke creadit 50 50 %

PO with out material master

in this case u can get tax valused bast on material group

for materia group u will have to maintain condition record in FV11

and u can avail miodvat for pos with out materil master also

reward if usefull