Skip to Content
0
Jun 13, 2011 at 10:56 AM

Scrap sales without QTY updation

33 Views

Dear Gurus,

We have a scenario were we would like to sell the scrap material ( old iron pcs, packaging material etcu2026) through sales process. Kindly advise the best scenario for the same. The excise duty and sales tax would be applicable ( ED10.3%, S.Tax 4% + surcharge 5%). This scenario would be without material movement and the quantity would be only for value calculation purpose.

What i feel is we can tackle the same using the QTY updation option in the Material type level, but if the business is going to sell IRON PCS through normal sales, and after one point of time, the same becomes a scrap , so is it advisable to change the material type of the same to what is being used for scrap (without QTY Updation?

Thanks & Regards,

Hegal K Charles