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excise

Hi expert

At the time of procurement i didnt pay any excise duty , now my Migo and Miro is complete.

Now i need to pay the excise duty and load on the material

If it is development, how do we acheive this.

Let me know if you need more details on this. Appreciate your possible solutions to this.

Thanks

Rgds

Nabil

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3 Answers

  • Best Answer
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    Former Member
    Posted on May 03, 2011 at 06:57 PM

    The requirement is not very clear.

    Do you need to take modvat for excise or load it to material? If you have to take modvat you can capture in j1iex for without PO that is EWPO,

    If it has to be loaded to material ( you mean add to MAP of material /stock value), in that case may be you need to reverse MIRO and MIGO, take a difft tax code if excise is through tax code and if through condition type in pricing procedure ( i am not sure if it will allow you to add in PO even througn the MIGO and MIRO docs are reversed) , if it does not allow you, you will have to delete the relevant line item in PO and create new one and carry MIGO and MIRO.

    Regards

    Sangeeta

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    • Hi Sangeeta

      My scenario is like that

      I had done import Procurement for material XX under EOU scheme for which i will using the Whole Material XX for export purpose and there wont be any duties at the time of procurement.

      Now the Material XX i want to use for local purpose, not in export.Now i am using material XX in the local purpose, the duty exemption which i had got was for export purpose.

      So now Excise people are saying, if you are not using for export purpose, u are liable for duty.

      in this case i want to load all the duties which i will be paying for material AA.

      i have some queries regarding this scenario is i pay duty , in system is will shown as liability and i need to how i will knock off the whole accounting entries in system.

      Regard

      Nabil

  • Posted on May 03, 2011 at 03:27 PM
    Now i need to pay the excise duty and load on the material

    Can you explain more about the above statement ?

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  • Posted on May 04, 2011 at 03:22 AM

    Hi,

    Cancel the MIRO & then MIGO document.

    Now add excise details for material & vendor in J1ID. Now you have following options

    Option=>1

    Create PO with a tax code( tax code with all excise taxes which created with inventoried condition types) with same material & vendor.

    Go for GR and then Invoice receipt.

    Option=>2

    Go for MIGO with OLD PO, do not select MRP indicator in miscellaneous Tab, Enter the excise values BED, ECess , SECess manually and then check all values & save the document.Now do MIRO, use proper tax code of excise{ as all are inventoried , you will have only two accounting entries GR/IR Clr- Dr & Vendor A/C - Cr( if no service tax)}, simulate & post the document.

    Active to enter taxes in MIGO

    Select check boxes of "Duty different at GR" in MIGO Settings segment in Maintaining Excise Group setting in following path:

    SPRO -- >Logistics general -- > tax on Goods Movements-- >India -- >Basic setting -- >Maintain Excise Groups

    Regards,

    Biju K

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