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author's profile photo Former Member
Former Member

MRP abatement on the material

Hello All,

We have scenario depot wherein, we buy the material at base price say 60 , and we have a MRP on which to be sold to the customer. and organisation is entitled for 31.5% abatement.

Now we will get the excise duty as MRP - 20% abatement on MRP based on this value all 14%, 2%, 1% ED amount will be calculated.

say MRP is 100 rs and abatatement is 20% then net value will be 80Rs, on whihc all ED values will be calculated.

But when the material is delivered to us, we will pay only on (60 + ED calculated on MRP-abatement) + 2 CST on this value.

we are using taxinj, wherein CST 2% will be calculated on the base price. we made sure that ED value calculated on MRP-Abatement. but how to calcualte CST on base price + total ed value calculated.

Thanks in Advance,

sapuser

Edited by: Sap user on Nov 24, 2008 11:11 AM

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 19, 2008 at 05:51 AM

    This has Been Resolved.

    Thanks for the helping Hands,

    Regards,

    sapuser

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