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Former Member

Utilization during excise creation by J1IIN

Dear all,

Want your inputs on the following:

I have created a export billing doc which has no Excise Taxes and the pricing is in foreign currency USD.

When I create the Excise invoice with reference to it, I click on Utilization (F6) and then on Calculate Tax and Save. I found that

1- in excise invoice duty is calculated as per the excise rates maintained in J1ID (though excise is not calculated in billing doc) and is coming in local currency INR.

2- no accounting doc is generated

(I have no Immediate Utilization field ticked for this plant in CIN)

Could you please tell me the significance of doing above process?

regards

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    Former Member
    May 24, 2010 at 07:50 AM

    Hi ,

    1) Excise invoice are always generated in INR currency. the system will take the exchange rate that you have maintained in the company code setting under Tax on goods movement --> India --> Basic Seetings --> CC settings ( maintain exchange rate type )

    As per the excise law you need to produce the excise invoice always in INR currency ( irrespective of export ,local or deemed export).

    2) For export sales no a/c document will be generated as we are creating ARE1 against it to get the excise duty exempted under LOU/BOND.

    Hope this will resolve your issue.

    REgards,

    Krishna O

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    • Former Member Former Member

      Hi,

      It wont have any impact : The use of this routine is as follow:

      "This formula when in the billing or proforma document, picks up the excise value posted for the delivery if the excise has been posted. In case the excise is not posted, then it continues with the excise value calculated in the system . It shows the calculated value in the sales order also"

      And for export we are not posting anywhere . so you can remove that from your PP.

      Regards,

      Krishna O