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A Country Version is designed specifically to cater the business operations of that country over and above the generic

SAP system functionalities. It comprises of functionalities designed for the laws and business practices pertaining to the country. The most country-specific functions for India relate to inancials and !ogistics. The main areas are as follows"

#$cise duty and the central value-added ta$ system %C#&VAT' (ithholding ta$ %also )nown as ta$ deducted at source' Sales ta$ *aintenance and printing of statutory e$cise registers

(ith +espect to Indian operation business central and state ,ov. imposes different types of ta$ on organi-ation as well individuals A Country Version is designed specifically to cater the business operations of that country over and above the generic SAP system functionalities. It comprises of functionalities designed for the laws and business practices pertaining to the country. The most country-specific functions for India relate to inancials and !ogistics. The main areas are as follows"

#$cise duty and the central value-added ta$ system %C#&VAT' (ithholding ta$ %also )nown as ta$ deducted at source' Sales ta$ *aintenance and printing of statutory e$cise registers

(ith +espect to Indian operation business central and state ,ov. imposes different types of ta$ on organi-ation as well individuals Basic Excise Duty:- This is charged under section . of the Central #$cises and Salt Act/ 0122 on all e$cisable goods other than Salt which are produced or manufactured in India at the rates set forth in the Schedule to the Central #$cise Tariff Act/ 0134. Additional Excise Duty: - Section . of the 5Additional 6uties of #$cise Act5 of 0147 permits the charge and collection of e$cise duty in respect of the goods as listed in the schedule of this act. This ta$ is shared

between the central and state governments and charged instead of sales ta$. Special Excise Duty: - As per Section .7 of the inance Act/ 0173 Special #$cise 6uty was attracted on all e$cisable goods on which there is a levy of 8asic #$cise 6uty under the Central #$cises 9 Salt Act/ 0122. Edu Cess & H.edu Cess:- education and :.edc cess is a ta$ collected specifically for deployment in education and imposed by govt. to promote higher education What is Difference bet een Excise Duty And Sales tax: Excise Duty: !his is the duty char"ed on all excisable "oods other than salt hich are produced or #anufactured in $ndia Sales !ax : Whene%er there is sales then sales tax applicable For example: If a Company manufactures soap within the factory for its own use, there will be no sales tax on the soap. However, the soap will be liable to pay excise duty as it has been manufactured. Excise &e"ister: #ach and every movement of a business transaction or movement are captured in the different type of e$cise registers and that has to be submitted in the e$cise department !ypes of Excise &e"isters: +,;.A%Part-I and Part-II' +,;.C%Part-I and Part-II' +,0 +,;.6 P!A%Personal !edger Account ' +T0; &'()A: &a *aterial

The entries pertaining to <uantity will go into +, ;. Part I and that of duty will go into Part II in the appropriate duty column. i.e. 8asic #$cise/ S#6/ Additional duty/ etc &'()C: Capital 'oods +,;.CI-Part I entry" #$cise stoc) entry at the time of ,+ %only <uantity' +,;.CII-Part II entry" Credit entry of Capital goods %only value' &'-+ : ,inished 'oods -.uantity and /alue0 The finished goods %manufactured' and sales or stoc) transfer are entered in the +, I +egister +egister +, I is updated after creation of an e$cise invoice while dispatching the goods from the factory premises with reference a commercial invoice or a pro-forma invoice &'()D: Depot %this indicates both the =uantity and the amount' Is maintained by the e$cisable 6epot Business 1rocess End 2ser Wor3 Different Sales 1rocess Sales rom actory. Stoc) transfers. Sales rom 6epot. #$ports.

Steps For Factory Sales


Introduction about Country Version India (Prerequisite)

1. Create Sales Order


;. Create 6elivery with +eference to >rder

3. Create Invoice With Reference to Delivery

4. Create Excise Invoice


5. RG1 Re ister !"date

#. Excise Re isters Extraction $. %rint Excise Re isters

1. Create Sales Order T.Code :- [VA01]

2. Create Delivery wit !e"ere#ce to Order T.Code: [V$01%]

&. Create '#voice (it !e"ere#ce to Delivery T. Code [VF01]

). Create *+cise '#voice T.Code:- [,1''%]

-. !.1 !e/ister 0pdate T.Code [,1'-]

1. *+cise !e/isters *+tractio# T.Code:- [,2'-]

2. 3ri#t *+cise !e/isters T.Code:- [,2'1]

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