49_input output tax - updation of excise registers_38

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User Manual – FI19.

1. Input output Tax - Updation of Excise Registers

OVERVIEW

Business Process Description Overview

This manual focuses on updation of Excise registers. RG23 A/C is maintained for input material and capital goods. RG1 register maintained at Manufacturing Plants for excisable finished goods. The register shows goods movements from the factory to a store and stores to customer, specifically for excisable finished goods. Monthly remittance through TR6 Challan and utilization of input credit against liability.

It covers scenario for transfer of Service tax from Interim GL account to Target GL account upon payment to Vendor.

This user manual explains how credit will be taken on input material, capital goods and utilization of input CENVAT against Excise duty liability or Service tax liability

Course Transaction Code Description

FI19.01.01 J1I5 Update RG23A/C Issues and RG1

FI19.01.02 J2I5 ExtractFI19.01.03 J2I6 Print utility programFI19.01.04 J2I8 Balance credit for Capital goodsFI19.01.05 FB50 Remittance of PLA amountFI19.01.06 J1IH Excise JV for updating TR6 challanFI19.01.07 J2IUN Monthly UtilizationFI19.01.08 J2IER1 Monthly return for ER1FI19.02.01 S_AC0_52000644 Deferred Tax FI19.02.01 SM35 Execute Batch input session.

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Last changed on: Prepared by: Version: 1.0 Page:Poonam Singh Release: ERP 6.0 1 of 38

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Procedural Steps

FI19.01.01 – Updation of RG1 Register

Via Menus Country India User Menu Indirect Taxes Registers Excise Tax Update RG23A/C Issues and RG1

Via Transaction Code J1I5


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Enter:

Field Name Description R/O/C User Action and Values Comments

Company Code Company Code R Enter company code

Plant Plant – for which RG1 Register is being maintained

R Enter Plant

Excise Group Excise Group for which RG1 register is being maintained

R Enter Excise group

Posting Date Date of Material document Posted

R

Movement Type Movement Type used for posting the materials

O

Storage Location Storage location used for posting the material movements

O

Material Material number to update the RG1 Register

O

Document Date Document date of the material document

O

Batch Batch number of the materials

O

Stock Type Stock Type declared O

Rule Excise Classification Rule O

Classification Pre-defined Classifications R IIM

For updation of goods receipts from Manufacturing plant use RMA

For updation of Goods issue, i.e. Removal from factory on payment of duty for home use – IDH

For this case choose RMA as classification

RG23/ RG1 RG23 / RG1 updation date R Select the appropriate radio button to update the RG1 Register. Please select the document entry date radio button

Date to be considered by the system for updation of RG1 Register

Document Entry date


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Document posting date

System date

Registers Register to update R Select the RG1 radio button to update the RG1 Register,

By using this Transaction you can update the following Registers

RG23A Part1

RG23C Pat1

RG1

Select Lines individually or by Clicking and then click

The following Classification codes need to be used while updating the Excise Registers:

Register Type Goods issues Goods receipts

RG 23A IIM ROP

IDH RMA

RG23C IIM ROP

IDH RMA

RG1 IIM RMA

IDH ROP


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Select Lines individually or by Clicking and then click

Updating RG 1 with classification type ROP.


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To post the document, click Save Button. ..

The system task is complete.


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FI19.01.02 – Part I & Part II Register Extraction

Via Menus Country India User Menu Indirect Taxes Registers Excise Tax Extract


Enter:


Excise Group Excise group for which RG23 Register being generated

R Enter the excise group

State Date Starting date of Extraction R Starting date of data to be extracted for RG23 registers

End Date Ending date of Extraction R Ending date of data to be extracted for RG23 registers

Selection Registers

Mass extraction of data to all registers

R Select the radio button Select Any Register option


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Select individual Registers

Selection of individual register

R Activate the RG23 Check box to extract the RG23 Register

Display Last Extracted dates

Displays the previously up to what date the register has been extracted

O Starting date of data to be extracted for RG23 registers

Choose on individual register and execute icon or Choose F8 or Program Execute

Important Note

1. If Material master data has maintained and it is stock Material you shall update RG23C Part-I & Part-II.

2. If Material Master Data has not maintained, you shall update only RG 23 Part-II Only.

If the RG1 Register is being generated for the Period First Time, system will execute the report and display the pop-screen with Register name and Green Tick mark, if it is successfully extracted, otherwise it will show the Red Cross.

After Pressing Yes icon you shall get another Pop up Screen displaying green Tick


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Result

RG23A Part-I & II data has been extracted

FI19.01.04 – Balance Credit on Capital Goods

Via Menus Indirect Taxes Procurement Excise Invoice Reports Balance credit for capital goods



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After entering required entries then Click Execute Icon

System shall show new screen as Capital Goods transfer of credit


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1. Select the invoice number you want to transfer credit by putting tick on check box.

2. Click push button

Excise Periodic Transactions

TR6 Challan Posting with PLA Register Updation

UseYou follow this procedure to make a posting when you transfer money to your personal ledger account (PLA) and to update the PLA Register. When you post Financial Accounting Document system shall not update the PLA Register. Hence while posting Financial Accounting post PLA to a clearing account i.e. PLA on Hold account. When you update the TR6 Challan updation process system will update the PLA Register and PLA account and reverse the PLA on Hold Account.

Prerequisites

You have made the posting for transfer of PLA in the Financial Accounting document.

Post the Financial Accounting Document note the document number which generated by system in the following transaction:

FI19.01.05 - Remittance of PLA amount


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Enter

Field Name Description R/O/C User Action and Values CommentsDocument Date Document Date R Enter the document dateGL Account GL Account to be debited R Enter the GL Account to be

debitedGL Account GL Account to be credited R Enter the GL Account to be

creditedPLA on Hold A/c

Amount Amount R Enter the amount to be posted

FI19.01.06 – Excise JV for updating TR6 challan

Via Menus Country India User menu Indirect Taxes Excise JV Create

Via Transaction Code J1IH


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Click on

Select the icon to proceed.

Enter

Field Name Description R/O/C User Action and Values CommentsDocument number Document Number R Enter the document

numberDocument year Document year R Enter Document yearCompany Code Company Code R Enter Company CodePlant Plant R Enter the plantExcise Group Excise Group R Enter Excise Group


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System will check the total of debit amount must equal to the total of credit amount. Input the values manually based on the TR6 Challan.

Post the Excise Document. Excise JV Save


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Display of accounting document

Enter:

1. Excise JV number2. Excise JV year


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Click for Accounting Document


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Click for Excise Document


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Check your document before posting. Select Document→Simulate.

FI19.01.07 - Utilization of CENVAT


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Via Menus Country India User Menu Indirect Taxes Sales / Outbound Movements Fortnightly Payment

Via Transaction Code J2IUN

Use

Utilization of CENVAT scenario is used to calculate how much excise duty you must remit to the authorities. Once the report has determined how much you have to pay, it allows you to specify where the money should be paid from – whether it should be deducted from the CENVAT credits that you have accumulated in RG23A Register or RG23C Register, or whether it should be deducted from the personal ledger account (PLA). You have an option to select the appropriation amounts as required.

Prerequisites

User must be assigned the Country India specific menu.Excise Invoices must be posted in the system to arrive the CENVAT Payable for deliveries made from the factory. The CENVAT payable amount shall be captured to a clearing account as a liability i.e. Credit At the time of utilization of CENVAT system will post the Debit entry to the same account based on the account assignments in the Customization.


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Click on it will display last utilization

Click on it will display all pending invoices

Put Input Service tax credit a/c and Service Tax Payable if you want to utilize credit from Service Tax.

Enter


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Company Code Company code for posting of Excise

R Enter the document number

Plant Facility where goods or services are produced or sold.

R Enter Document year Plant

Excise Group Excise Group R Enter Company Code Based on Excise Group, Excise Records will be updated

Fortnight Payment Posting Date

Posting date for Posting of Utilization document and updation of Excise Registers

O Enter the plant If no values entered, by default system date will be considered as Posting date for posting of utilization document

Excise Invoice Selection

Period Date range for which Excise Invoices are posted and excise utilization need to be carried out

R Date Range Enter the date range for which utilization is to be posted

Excise Invoice Excise Invoice numbers for which utilization need to be carried out

O If the selection need to be restricted for some invoices this option has to be used otherwise system will select all the invoice in the given period

Display last Utilization date

Displays date of CENVAT was last utilized

O To see the upto the date for which CENVAT utilized

Display pending Invoices

Displays the pending invoices based on the selections criteria

O To see the pending invoices list this option can be used


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Select individual line payable line time and click on and enter corresponding amount in available input credit


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FI19.01.08 - ER1 Report

UseThis is activity is used to generate the form E.R.-1 to be filled with excise authorities, by all the assesses (as defined under Central Excise Act) on a monthly basis for production and removal of goods and other relevant particulars and CENVAT credit.You can run the report for a plant for a particular month. The system displays and prints the various sections of the form for a Registration Number of a plant for a particular month.

PrerequisitesThe following has to be executed:

Utilization of CENVAT

Data Extract to RG23A Part II Register

Data Extract to RG23C Part II Register

Data Extract to PLA Register


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Via Menus No Menu

Via Transaction Code J2IER1

Enter


Excise Group Excise group for which RT12 Register is being generated

R Enter the Excise Group

Plant Plant R Plant

Report Period Report Period Starting & Ending date of the period for which currently ER1 Register is being generated

Current period shall be given

Last Utilization Period

Last Utilization Period All ready Utilized Period shall be given

1. From the Details, select one of the radio button

Display headings

Details of manufacture, clearance and duty payable)

Details of duty paid on excisable goods

Details of CENVAT credit availed and utilized

Details of other payments made

Self- assessment memorandum

Based on the selection system will display the corresponding detail.

You can enter the General Ledger Account Number for the different service taxes. If you enter the Account Number, the system checks the amount against that service tax and prints it on the header of the form

2. Choose on Execute icon or Choose F8 or Program Execute

3. System will display the Print parameters maintenance screen assign the out put device name and select the Print Preview option. System will display the output on the screen.

4. See the output on the screen and based on the requirement print the output using Ctrl + P option or through menu Text Print or Print Preview


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Click on


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Result

ER1 Report register displayed on screen or printed.

FI19.02.01 – Service Tax

For demonstrating complete cycle, we will take FI route i.e. FB60 for posting Vendor Invoice and then make payment and clear invoice line item. This transaction may be executed on periodical basis (Monthly/Fortnightly)


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Only Tax code for Service tax deferred tax to selected.

Click on for checking document before posting.

Post document


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Service tax Basic + E.Cess +H.E.Cess

Rule for Service Tax:-

Service Tax credit can be availed only at the time of payment of invoice carrying the service tax.

Now we paying the money to the vendor F-53


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Click on


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Transfer of Service tax from interim GL account to Target GL Account.

Via Menus User Menu Financial Accounting General Ledger Reporting Tax report Deferred TaxDeferred Tax Transfer (New)

Via Transaction Code S_AC0_52000644


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For Test run


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To update the document


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Click on

Batch input session RFUMVS50 is generated.


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FI19.02.01 - Execute Batch input session.

Go to T.Code SM35 & execute the session

Click on

Click Process


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Three documents is posted and Service Tax clearing account is credited and repective Input Sewrvice tax account is debited.


49_input output tax - updation of excise registers_38

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