Issue In Purchase

[Former Member]

Hi All,

We have a typical scenario which we have certain items which are non excisable but we have to create non cenvatable codes with 100% non deductible to load the value on inventory.

Now this wrks fine in case of inventory items but when we are creating A/P Invoice for asset items, the system forces us to change the tax code to exempt else it keeps on showing unbalanced transaction. How do i overcome this issue?

Thanks,

Joseph

[ashutosh_tomar]

Hi Joseph !

You have to create new Tax types for non excisable items.

You can name them as 'NBED' , 'NHCESS' ,NECESS'.

You have to design new tax combination and formula to calculate the tax amount.

Regards

Ashutosh T

[Former Member]

Hi Ahustosh ,

I have created all these and its working fine in case of inventory items. The only probem I am facing is while creating A/P Invoices of GRPO with Assets. Any ideas how to get this corrected?

Thanks,

Joseph