InterviewSolution
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What Is The Business Process Of Excise Tax And How Do You Relate That In Sap? |
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Answer» Excise tax is the duty charged on manufacture of goods listed in the chapter and section head of CENTRAL Excise Tariff Act. Process should amount to manufacture and separate identifiable FINISHED goods should emerge having marketability and specified in Tariff Act. As far as SAP is concerned you, find CIN version integrated with standard SAP. There are two places where you need to configure CIN. The first is Financial Accounting-> Tax on Sale and Purchase and the other is LOGISTIC General-> Tax on Goods Movement. Excise tax is the duty charged on manufacture of goods listed in the chapter and section head of Central Excise Tariff Act. Process should amount to manufacture and separate identifiable finished goods should emerge having marketability and specified in Tariff Act. As far as SAP is concerned you, find CIN version integrated with standard SAP. There are two places where you need to configure CIN. The first is Financial Accounting-> Tax on Sale and Purchase and the other is Logistic General-> Tax on Goods Movement. |
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