Calculation on Assesable value

vicky_dada

Hi Guys,

can anyone sugessest setup for the following calculation in purchase order:

my invoice amount say x USD

and I need to calculate taxes as follows

(a) Assesable value(INR conversion + 1% landing cost)
(b) Basic Custom Duty(BCD) = 7.5 % on (a)
(c) Excise Duty (CVD) = 8% on ((a)+(b))
(d) Edu. Cess on CVD= 2% of (c)
(e) SHEducess on CVD = 1% of (c)
(f) Custom Edu. Cess = 2% on ((b)+(c)+(d)+(e))
(g) Custom SHEducess = 1% on ((b)+(c)+(d)+(e))
(h) Add Duty = 4% on (a+b+c+d+e+f+g)
Total = a+b+c+d+e+f+g

vicky_dada

oh! sorry guys its just a direct setup in Excise and structure

ramamurthy

Hi Vicky, can u please brief further on the above.

I need to know what all will come as part of setup and structure seperately.

srinivas.chittem

Hi Guys,

Can anybody will suggest me how to do the Custom Duty setup defined here? ](*,)

I need to calculate taxes as follows

(a) Assesable value(INR conversion + 1% landing cost)
(b) Basic Custom Duty(BCD) = 7.5 % on (a)
(c) Excise Duty (CVD) = 8% on ((a)+(b))
(d) Edu. Cess on CVD= 2% of (c)
(e) SHEducess on CVD = 1% of (c)
(f) Custom Edu. Cess = 2% on ((b)+(c)+(d)+(e))
(g) Custom SHEducess = 1% on ((b)+(c)+(d)+(e))
(h) Add Duty = 4% on (a+b+c+d+e+f+g)
Total = a+b+c+d+e+f+g

Thanks in advance

chengalasettyvsrao

I suggest you go through the HF 2 - 20458_ADC and CVD_Feature Instructions Guide . There is a detail explantion about the functionality.

ajaykt_2000

dear

with the help of cvd setup on structure and excise setup.you can calculate this.