I am stuck up with one subcontracting senereio. Actually we have purchased a raw material ( Round bar ). During good receipt we have captured & post the excise invoice. We have issued this raw material to production for maching operation. After maching operation there is platting operation and which will be carried out at subcontractor location. Therefore we have made sub con chalan without payment of excise duty but we have only mentioned the assesable value in the chalan.
Now the 180 days have crossed but we have not recd this material from subcontractor. Now how can I handle this process in SAP CIN.
Though the chalan has prepared without duty paid so what shall i do,
1. Shall i reverse the chalan & create a new one?
2. Shall i reverse the credit entry ( which was captured & post for raw material ) in J1IH t.code
3. DO i need to debit the excise duty amount to subcontracting too as becasue of his delay i lost the excise benifits?
Please let me know your expert opinion.
Thanks in advance.