DIfference between import and local pricing procedure

[Former Member]

Hi

can somebody tell me what is the main difference between import and local pricing procedure,

Thanks

[Former Member]

Thanks for the replies

[murugan_mgl]

I think u r asking in the context if CIN.

In local u will have 2

Intrastate-Purchasing within state-VAT aplicable

Interstate-Purchasing outside state-CST applicable

In this case u will be using tax procedure -TAXINN & TAXINJ-OBQ1

I ncase of imports u will have 7 condition types which will be created in M/06 & M/08

[ashish_andani]

hi..

for import pricing procedure..

U have to create 7 condition types.

All the cond type should be cretaed as planned delivey cost.In M/06 slect the condition category B.

7 conditions

1.Basic customs duty

2.Education cess

3.Secondary Edu cess

4.CVD

5.ECS on CVD

6.SECS on CVD

7.Add excise duty.

Create a import schema in M/08 enter all the cond in schema.Then assign the schema grp in vendor master

for local pricing..

u simple add the condition types..in pricing proc..

dicounts, surcharges...etc..

Hope it helps

Thanks

[Former Member]

Hi

Thanks for yo;ur reply, im asking the difference interms of condition types.

[Former Member]

Import procedure

in ur pricing u have to create following

JCDB IN: Basic Custom Dutyu201410%

JCV1 IN: CVDu201410%

JECV IN: Ed Cess on CVDu20142%

J1CV IN: SHE Cess on CVDu20141%

JEDB IN: Ed Cess on BCDu20142%

JSDB IN: SHE Cess on BCDu20141%

JADC Additional Duty of Customu20144%

JCV1, JECV, J1CV and JADC will go to Excise MODVAT Accounts and JCDB, JEDB and JSDB will get loaded in inventory & material.

Apart from the other difference is that you have to maintain in PO aginst respective condition type for appropriate % & where as in domestic procurement you can maintain the % in either FV11 if you are using TAXINN procedure with relevent key combination. And the other way is FTXP if you are using TAXINJ procedure.

Regards