on 11-12-2008 8:59 AM
All SAP Gurus,
What is the significance of the different fields which are maintained in CIN details in Vendor master?
1. Exc. Ind. Vendor (Excise tax indicator for vendor) (eg. 100% Tax, 50% TAX, Nil Duty)
2. CENVAT Scheme Participant
3. Type of Vendor (eg. Manufacturer, Manufacturer's Depot or Consignment Agent, First Stage Dealer of indigenous excisable goods, etc)
Regards,
Hi Rajan,
The significance of
1-Excise Ind Vendor is here excise duty rates are mainatained for final indiactor.
2-Type of Vendor : which specifies how the excise authorities classify this vendor for the purpose of calcualtion excise duty.
3-Cenvat specifiactions- If vendor qualifies as small scale industries then we have to use this indicator.
Hope this will help.
Regards
M P D Kamath
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Hai,
The details are necessary if the vendor is liable to excise and he is submitting the excise inv to the plant. The same excise inv can be captured in MIGO.If u maintain the vendor deatils in J1ID these data will flow to vendor master.
regards,
BSK
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