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Former Member
Jan 11, 2011 at 05:48 AM

Billing and excise invoice for composits tax concept

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Hi,

I want to know the billing process, we are in manufacturing as well as in service providing, in manufacturing for the finish material for the billing we follow the process, after delivery with VL01N we create the billing document with VF01 then ref. to VF01 document we do J1IIN then in VF02 we release the billing document for accounting, and in case of service invoice from sales order we directly creat the billing document with VF01 and release to accounting, so I want to confirm whethere this is the right process,

Second think which I want to confirm as per the new composit tax concept , we are giving service along wit material the tax is service tax on

BASE amount XYZ

Service tax 10% on XYZ

Ecess 2% On service tax amount

SECES 1% on service tax

BVAT Addition of all above

VAT 12 % on BVAT amount

, for this which procedure to be follow,

VA01 , VL01N, VF01 , VF02 release to accounting or

VA01, VL01N, VF01, J1IIN, VF02, release to accounting.

regards,

zafar