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Former Member

Excise invoice

Hello experts,

let me explain you the scenario first,my client wants basic amount (pr00) to be flown to accounts.but the excise values to be calculated on FOB value i.e(basic price PR00 - Freight,insurance).now order>delivery>invoice is ok,but coming to excise invoice the excise base amount picked is on PR00 but not on FOB value.

say PR00 = 100

freight zfo4= 10

insurance zins =5

FOB value = 85

now BED (basic excise duty) =8.5 i.e on fob value,

ed cess =.17 i.e on BED,

sh ed cess= 0.085 on BED.

Now the excise base amount to be 85 while creating excise invoice & ARE1.

but it is picking 100 as EXcise base amount. please provide solution.

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  • Posted on May 04, 2011 at 01:55 PM

    Unfortunately, asking "my client wants...please provide the solution" is a good way to ensure your post does not get an answer. You need to demonstrate an understanding of the pricing procedure and the calculation. You didn't post the calculation code or any details about the PP. Do you know why it is using PR00?

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