Skip to Content

Excise Credit needs to be taken for asset acquired through F-90


I acquired one asset through F-90 (without Purchase order and MIGO / MIRO). I selected tax code with V2 - 10% exicse duty and 12.5% VAT.

I entered asset number, quantity, amount, tax code, vendor details and date. I didn't entered asset material master number created in MM01.

Entry was posted:

Asset A/c.. Dr

Basic Excise Duty Receivable A/c.. Dr

Education Cess on ED Receivable A/c.. Dr

Secondary and Higher Cess on ED Receivable A/c.. Dr

VAT Receivable A/c.. Dr

To Vendor A/c.

Entry was perfectly posted. But my excise registers (CIN Module) were not updated. So i wanted to know how to post entries in excise registers (CIN Module) through Finance entry like F-90.

Please help.

Edited by: Deepak Agrawal on Nov 17, 2011 12:49 PM

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • Posted on Nov 17, 2011 at 09:31 AM


    You need to follow the MM route... FI cant update excise registers

    Reverse your FI acquisition and do the same from MM

    br, Ajay M

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.