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Former Member
Jun 10, 2011 at 07:07 AM

while doing J1iex In case of Stock Transfer Duty is Getting Inventorised

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Dear Experts,

In case of stock transfer of capital goods between 2 plants, when we are doing J1IEX (for the receiving plant) and tick the u201Ccalculate excise duties based on ratesu201D, the system copies the credit due amount to inventoried duty.

Due to this the total duty becomes sum of credit due and inventorised duty.

Why is the system copying the credit due amount to the inventorised duty in case of stock transfer only

Edited by: Burzes Batliwalla on Jun 13, 2011 7:17 AM