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Former Member
May 03, 2008 at 06:36 AM

Taxes in MIRO

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Hi,

My Problem in MIRO regarding CIN and VAT.

At the time of Creating Purchase order i dont no the Price of the material eventhough this Excise pass on case(Dealer Purchase)

1)MIGO i will just capture excise (Material account Debit 100Rs and Gr/Ir Credit 100Rs)

2)In J1IEX Part entry Manually changing to 20RS BED and 4 E cess and 2 Rs HSC.

3)at the time of MIRO i came to know assessble value is 120 Rs and system should calcalate VAT on 120204+2=146RS. 146*4/100=5.84RS VAT.

Now the problem is In MIRO system is not proposing 5.84 Rs its giving more than 5.84RS.Pls tell me where is the control(MM purchasing Or Taxprocedure)we are using TAXINN.

Raghu