Hi experts,
we are looking for implementing Margin Scheme under GST in India.
the provisions of the act requires us to Charge Out put Tax on the difference between the Sales Price & cost.
how to fetch the exact buy price while creating the Sales Order
Thanx in advance
What do you mean by exact buy price? Is it material's price or something else ? VPRS condition type can help you to get the material price.
hi,
VPRS in our case is MAP
the scheme is applicable to Second-hand (used) products
the same model could be bought at different prices
while selling them we need to calculate GST for difference between respective Sales Price & Buy Price
thanks
Whenever you add any post to your original query, please do so under "Comment" and not under "Answer", as you were not answering to a query but only providing additional informations as required by the member. Also, the member to whom you were responding will not be notified if you respond under "Answer". Meanwhile, I have converted your above post from Answer to Comment.
the same model could be bought at different prices
Not sure what is the challenge you have here. Either you need to have Variant Configuration pricing concept or in material master, you need to have some Characteristics based on which, you can differentiate the price.
Also, please don't provide the information in bits and pieces like
the same model could be bought at different prices
which should have been included in your original post. It seems, your client are in the business of Trading (purchasing and selling). If my understanding is correct, the material type should be HAWA. Search SCN or Google if you are not familiar with this functionality.