Procurement from EOU

[Former Member]

Dear Gurus

We have the following scenario. Procurement is being made from 100% EOU Unit. The seller charges

BCD

CVD

E cess on CVD

HS Ecess on CVD

E cess on duty total

HS Ecess on duty total

and Vat / CST

I have incorporated everything except Vat / CST in import pricing. CST can be included in import pricing, however problem is with vat. If the seller charges vat, then modvat is to be availed. How do I incorporate this in import pricing.

Viral Bhinde

[Former Member · Accepted solution]

actualy if i understant correctly u r not importing tghe material u r procuring from domestic importer because he is charging u VAT or CST.

for this dont go for the import pricing procedure use pricing procedure for loading Basic customs duty and it ECS and SCESS anyways ur not going to pay to customs authority..

use the tax procedure. where in use VAT or CST in PO to take values to setoff or non setoff and capture the excise manually in J1IEX to take set off of CVD and All.

hope this is clear to u

regards,

sujit

[Former Member]

Hai Viral Bhinde

I am also facing the same scenario as you faced earlier.

"We have the following scenario. Procurement is being made from 100% EOU Unit. The seller charges

BCD

CVD

E cess on CVD

HS Ecess on CVD

E cess on duty total

HS Ecess on duty total

and Vat / CST

I have incorporated everything except Vat / CST in import pricing. CST can be included in import pricing, however problem is with vat. If the seller charges vat, then modvat is to be availed. How do I incorporate this in import pricing."

Kindly let me know how to setup the system to acheive above requirement

Thanks in advance.

Thanks & Regards,

Kumar