on 07-23-2008 2:18 PM
Hi Experts,
I have created PO with Octroi. System is calculating 4% value on Octroi at the time of MIRO.
I checked the Pricing Procedure. Its given below.
1 1 P000 Gross Price 0 0 X 9 0 0 0
1 2 P001 Gross Price 0 0 X 9 6 0 0
10 1 R000 Discount % on Gross 1 0 X 0 0 0
10 2 R001 Discount/Quantity 0 0 X 0 0 0
10 3 R002 Absolute discount 0 0 X 0 0 0
20 0 Net value incl. disc. 1 19 7 0 2 0
21 1 NAVS Non-Deductible Tax 0 0 0 0 0
21 2 NAVM Non-Deductible Tax 0 0 0 0 0
22 0 Net value incl. tax 0 0 3 0 0 0
23 0 ZBED Basic Excise Duty 0 0 0 0 0
24 0 ZECS Education Cess 0 0 0 0 0
25 0 ZHCS Higer Education Cess 0 0 0 0 0
26 0 Sub total - Tax+ED 22 25 0 0 0
35 0 JOCM IN Octroi 26 0 X 0 0 0 OC1
40 0 Actual Value 26 35 0 0 0
50 0 FRB1 Freight (Value) 0 0 X 0 0 0 FR1
60 0 FRC1 Freight/Quantity 0 0 X 0 0 0 FR1
70 0 Value 40 60 0 0 0
80 0 Get Value 70 0 0 0 0
Tried many ways to resolve this issue.
Need help.
regards,
Anand
Hello,
Octroi is defined as a delivery cost condition and the base for calculation is Gross + taxes. The routine 361 takes care of that.
Are you trying to say that we you post octroi as a planned delivery cost in MIRO system is calculating VAT on it? What tax procedure are you using?
Regards
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi
35 0 JOCM IN Octroi 26 0 X 0 0 0 OC1 - Why are you calculating Octroi with including taxes, please check with finance as this is not what happens in real time. Octroi is calculated based on the Value of the material.
Thanks & Regards
Kishore
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi
Can you be more specific , as you have said that you are mention the octroi in the PO, so it will be taken into account at the time of MIRO.
But i could not get what calculation mistake is going on
Thanks & Regards
Kishore
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
89 | |
7 | |
6 | |
3 | |
3 | |
3 | |
3 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.