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Former Member

PO Comitment Issue

Hi Gurus

When ever any PO created for domestic purchase , system take commitment value for particular WBS/Project as per landed cost value / Inventoried value from purchase order (i.e. net of cenvatable excise value). This is ok .The same process should happen in case of import PO i.e Commitment value should be inventoried value ( net of CVD + CVD Cess + CVD SEcess). At present system is taking total value for commitment (i.e. including modvat amount) hence commitment figures shown are wrong. The commitment figures should appear as per inventoried value only.

Regards

Hemant

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2 Answers

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    Former Member
    Nov 04, 2008 at 03:04 PM

    Excise values are coming in PO or not?

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    • Former Member Former Member

      Hi,

      Actually there are two types of condition type inventorised and offset...check with MM folk which one you are using...and update in VK11.

      Regards

      Abhinay

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    Former Member
    Jan 23, 2009 at 07:19 AM

    Hi experts,

    I am also facing the same issue for imported items, countervailing duty which is modvatable should be

    excluded from project cost whereas the same thing is happening for indigenous items

    in respect of excise duty.

    Regards

    Nitin

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