Captive consumption-Excise Effect

[Former Member]

Hi

Following is the Issue of Captive Consumption,

When I will move Finish Good material from finsih Good storage Location for internal use (to diff storage location) within plant,I have to pay Exicse Duty when i will move matrail and also want to take credit against the same.

How to map above issue

Regards

Hemant

[Former Member]

Hi,

Option 1: ·

In the master data declare material X as Finished Goods

Donu2019t update RG1 for X after production.

If it is required for selling, then update RG1 (create a sloc FIN, when 311 happens to sloc FIN RG1 to be updated).

Ensure through SD configuration that material X is always picked from sloc FIN

By authorization control restrict the authorization to sloc FIN ·

For captive consumption move material X to production using 311(or 261) movement ( No updation of RG1)·

Option 2:· In the master data declare material X as Finished Goods

Update RG1 for sponge iron after production.

For captive consumption move the material X to production stores.

Update RG1 for Movement 311(or 261) to production store

Regards,

Krishna A S V