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Excise Duty Reversal

Former Member

‎2014 Feb 17 10:48 AM

0 Likes
588

Hello All,

I have a scenario where Excise will be reversed and VAT/CST will not be reversed if the invoice which is being referred to during creation of Credit Memo Request is after 6 months i.e. if the Credit Memo Request creation date is 01.02.2014 then the invoice being referred to should be created after 01.08.2013 and VAT/CST alongwith Excise will be reversed if the referred invoice is before 6 months.

Will making the relevant VAT/CST Statistical/Not Statistical help me in anyway?????

Someone please help me..

Hello All,

I have a scenario where Excise will be reversed and VAT/CST will not be reversed if the invoice which is being referred to during creation of Credit Memo Request is after 6 months i.e. if the Credit Memo Request creation date is 01.02.2014 then the invoice being referred to should be created after 01.08.2013 and VAT/CST alongwith Excise will be reversed if the referred invoice is before 6 months.

Will making the relevant VAT/CST Statistical/Not Statistical help me in anyway?????

Someone please help me..

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2 REPLIES 2
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Former Member

‎2014 Feb 17 6:25 PM

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551

Hi,

If you are looking for a manual solution then at the time of credit memo creation you have to select an appropriate tax code for VAT. For CST, since its a  non -deductible tax everything will be loaded to inventory and there wont be any tax postings during invoice. Hence the reversal postings actually occurs at the of GR reversal / return delivery.

Thanks,

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suman_sardar2
Active Contributor

‎2014 Feb 17 6:46 PM

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551

Hi Saurav,

I think you are talking from the SD point of view which I am assuming from your post.

@SAP FC,

You are right that we have option from MM point of view to choose the proper Tax code but for SD there is no such manual Tax code selection, correct me if I am wrong.

@Saurav,

Yes you can go for manual option for the Credit Memo where authorized user can remove the VAT/CST & for that you can put the Posting block in VOFA to release it by an authorized user.

OR

You have to go for Pricing Routine formula where you have to define the entire logic and pass it to the Developer to make a Custom routine then assign it in the pricing control data's Alternate Calculation Base Value.I think you are aware of the specified field in the V/08.Else you can check the definition in help.sap.com.

Thanks,

Suman$