Hi Friends,
I am facing hell of problem because of this Excise.
Can someone say me how to configure below structure
Material Assesssable value is = 100000
CIF = 1% less than Material Assessable Value
Basic Duty = 7.5 of Asessbale value = 7500
CVD = 14 % of (Ass VAl + Bas Dut) = 15050
Edu Cess = 3% of CVD = 451
C.E. ces = 3% ( Bas Dut+CVD+EDu ces) = 690
SAD = 4 % (Ass Val +Bas Dut+CVD+EDu ces+C.E ces) =4947
Total Value = (Ass Val +Bas Dut+CVD+EDu ces+C.E ces +SAD).
Can some one please help me on this setup. I was able to get the Total value correctly.. but i dont know the exact process ( i.e Weather the setup i have given is correct).I am not able to calculate the CIF value automatically, I am giving it in Puchase line directly.
Thanks & Regards,
Vijay
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Regards,
Vijay