After 180 days in subcontracting ??

[Former Member]

hi

How we can do the subcontracting cycles after 180 days with excisable materials .

For example , i have sent 100 no's to subcontractor , i have received 50 no's before 180 days .

Balance 50 no's how i can receive from subcontractor ??

Thanks

SAP-MM

[former_member225662 · Accepted solution]

HI,

The materials have not been returned to you within a given length of time specified by the law( 180 days), you will have to reverse any excise credit that you posted when you purchased the materials . In the case of materials that you have manufactured in-house, you will have to post credit entries to the extent of the CENVAT rate of the assessable value of the materials.

Process:

Reverse the excise duties in J1IF13.(This transaction is basically used to complete the challan if you have reconciled as stated above step. There may be cases subcontractor may not able to supply within stipulated 180 days limit then in this case also same transaction is used for reversal of challan or re-crediting the amount.)

Do the reconciliation in J1IFQ

After recredit the excise duties, complete the challan in J1IF13

Regards

KK