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SAP CIN COUNTRY VERSION INDIA10,429
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Balaji ParsewarFollow Following8 13 0 1
Published on Oct 18, 2013
TO ENLIGHTEN THE PARTICIPANTS ON COUNTRY VERSION INDIA (CIN) AND THE VARIOUSREQUIREMENTS WHICH
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SAP CIN COUNTRY VERSION INDIA
1. 1. Business Processes Country Version India2. 2. AGENDA • GLOSSARY • BACKGROUND – CIN • INTERFACE BETWEEN SAP AND CIN •
INDIAN LOCALISATION COVERAGE • PROCESSES IN SAP WITH CIN PROCUREMENT SALESFINANCE REPORTS
3. 3. GLOSSARY CIN COUNTRY VERSION INDIA INPUT TAX Tax that is charged by the vendor. Aclaim for refund of the deductible portion of input tax can be submitted to the tax authorities OUTPUTTAX Tax levied on customers at all levels of production and trade. Output tax represents a tax liability.SERVICE TAX Tax levied on the customer on services specified by the Government. DEPOT Depot isa plant where the material is stored and sold. There is no manufacturing activity at the depot. The depots
when registered with the excise authorities can pass on the Modvat benefits to the customer.4. 4. GLOSSARY EXCISE DUTY (BED) A quantitybased tax which must be paid when a dutiable
material is moved from a dutyfree (bonded) location to a dutypaid (unbonded) location or the customer.Also known as excise tax. The excise duty is based on the quantity / Value of material moved. AED –Additional Excise duty is a duty which is calculated over and above the Excise Duty payable on thematerial. SED – Special Excise Duty is an additional duty levied on certain materials depending on thecharacteristics of the material. The statute specifies these materials. CHAPTER ID –All materials that arerequired for manufacturing and subsequently those which are manufactured, are classified under theCentral Excise Law into chapters. These chapters are further subdivided into headings and subheadings,which together form the chapter ID. Chapter ID 7216.10 is an example.
5. 5. GLOSSARY CVD – Countervailing duty is a levy charged on the imports of materials in lieu of exciseduty. CENVAT – Central Value Added Tax. The tax is levied on the difference between the output and theinput value. This is also referred as MODVAT. CESS – Cess is a tax imposed for a specific purpose underdifferent acts with reference to certain goods. Cess is levied at the time of removal of goods from thefactory. OCTROI – A levy payable on the material to the local authorities. ASSESSABLE VALUE Denotes the value of goods that you have manufactured inhouse at the price as assessed by an authorizedauditor. SETOFF – A certain percentage of input tax which is refunded by the government to themanufacturer. This refund does not form part of material cost.
6. 6. GLOSSARY INTERSTATE TRANSACTIONS A transaction where the goods / material are tradedbetween two different states. CONCESSIONAL TAX FORMS – The Government announces taxconcessions in excise and taxes on sales and purchase. This can be availed by submitting the formsprescribed by the Government. E.g ‘C’ form , AR4 , CT3. TDS Tax deducted at source ( Withholdingtax) is a form of indirect taxation deducted at the beginning of the payment flow. Generally, an amount iswithheld and paid over or reported to the tax authorities on behalf of (as opposed to by) the person subjectto tax, the exception being selfwithholding tax. If a withholding tax exemption is available, withholdingtax is not withheld.
7. 7. GLOSSARY REGISTERS – The registers are the books prescribed having specific format under thestatute e.g RG23A,RG23D. RETURNS – The prescribed forms having a specified format under the statutee.g. RT12, RG1, ANNUAL RETURN FOR TDS.
8. 8. BACKGROUND FIRST VERSION DEVELOPED IN 1996 IN RESPONSE TO NEEDS OFINDIAN CUSTOMERS STANDARD PRODUCT SUPPLIED BY SAP AS AN ADDONCONFORMS TO SAP DEVELOPMENT STANDARD (LOOK AND FEEL ETC) SUPPORTED BY
SAP DEVELOPMENT LAB AT BANGALORE9. 9. CIN INTERFACE WITH SAP FI SD MM SAP IN CIN FI INTERFACE COMPONENT INSTALL
COMPONENT ACTIVATE COMPONENT ACTIVATE PROCESSES OPEN FI INTERFACE FI SDMM
10. 10. CIN INTERFACE WITH SAP COUNTRY VERSION INDIA INSTALLATION COPIES THEFOLLOWING 1. STANDARD INDIA TEMPLATES 2. TAX PROCEDURE (TAXINJ/ TAXINN) 3.CONDITIONS – EXCISE, TAXES ON SALES & PURCHASE, SERVICE TAX, CVD ETC 4. TABLES, FUNCTION MODULES , NO.RANGE OBJECTS, CUSTOMER EXITS 5. TAX DEPRECIATIONKEYS
11. 11. INDIAN LOCALISATION COVERAGE COVERS THE FOLLOWING CENTRAL / LOCALSALES TAX SALES TAX SETOFF PURCHASE TAX CONCESSIONAL TAX FORMSSERVICE TAX OCTROI
12. 12. INDIAN LOCALISATION COVERAGE BASIC / ADDITIONAL / SPECIAL EXCISE DUTYMAINTENANCE OF RATES ON VENDOR CLASS MAINTENANCE OF RATES AS PERCENTAGE& AMOUNT UTILISATION OF MODVAT FORTNIGHTLY PAYMENT CVD ( IMPORTS) SUBCONTRACTING SUBCONTRACTING CHALLANS RECONCILIATION OF QUANTITIESMAINTENANCE OF 57F4 REGISTER
13. 13. INDIAN LOCALISATION COVERAGE MODVAT UPDATING OF PARTI REGISTER FORQUANTITY UPDATING OF PARTII REGISTER FOR VALUE UPDATING OF RG23D REGISTERFOR DEPOT PRINTING OF EXCISE REGISTERS PARTI / PARTII REGISTERS RG1 REGISTERRT12 RETURN FACILITY FOR DOWNLOAD
14. 14. INDIAN LOCALISATION COVERAGE EXTENDED WITHHOLDING TAX WITHHOLDINGTAX ON DOWN PAYMENTS / INVOICES / PROVISIONS ACCUMULATIONS MULTIPLE TAXLINE ITEMS IN ONE INVOICE CALCULATION ALTERNATIVES (GROSS, NET, OFFSET)ROUNDING OPTIONS PAYMENT DUE DATES BY BUSINESS PLACE CHALLAN UPDATE ANDACCOUNT CLEARING SURCHARGE ON WITHHOLDING TAX CERTIFICATE NUMBERING
FOR DIFFERENT SECTIONS / BUSINESS PLACE CERTIFICATE PRINTING WITHCUSTOMISABLE LAYOUT ANNUAL RETURNS FOR VARIOUS SECTIONS OF INCOME TAXACT
15. 15. PROCUREMENT PROCESS REQUIREMENTS AS PER INDIAN STATUTE 1. CALCULATIONOF EXCISE DUTY BASED ON MATERIAL AND CHAPTER ID COMBINATION 2.CALCULATION OF EXCISE BASED ON CLASS OF VENDOR 3. CALCULATION OF INPUT TAXBASED ON INTERSTATE TRANSACTIONS 4. CALCULATION OF INPUT TAX SETOFF ONINCOMING MATERIAL (APPLICABLE TO FACTORY). 5. CAPTURE OF PART I AND PART IIFOR CENVAT. 6. SUBCONTRACTING – U/S 57F4 WITHOUT PAYMENT OF EXCISE DUTY 7.SUBCONTRACTING – QUANTITY RECONCILIATION & SETTLEMENT 8. SUBCONTRACTING –PAYMENT OF EXCISE DUTY FOR NONRECEIPT OF MATERIAL AFTER SPECIFIED PERIOD.
16. 16. PROCUREMENT SCENARIOS LOCAL MATERIALS IMPORT MATERIALS SUBCONTRACTING CAPITAL GOODS
17. 17. TAX CALCULATION AT PURCHASE 1. TAXES ON SALES & PURCHASE ARE MAINTAINEDAT FEDERAL LEVEL AND STATE LEVEL 2. THE EXCISE CONDITION IS MAINTAINED AT100% 3. THE EXCISE RATE FOR THE MATERIAL IS MAINTAINED IN CIN MASTER. 4. THEINPUT / OUTPUT TAX RATE IS MAINTAINED FOR FEDERAL TAX AND STATE LEVEL TAXCONDITIONS 5. PERCENTAGE OF SETOFF ON INPUT TAX IS MAINTAINED IN SETOFFCONDITION
18. 18. HOW TAXES ARE DETERMINED 1. THE CHAPTER ID FROM CIN TABLE FOR THEMATERIAL 2. EXCISE RATE DERIVED FROM CHAPTER ID FROM CIN MASTER 3. IN TAXPROCEDURE 100% OF THE RATE IS CALCULATED 4. THE TAX CODE IS ENTERED IN THELINE ITEM AND THE JURISDICTION OF THE VENDOR IS ACCETPTED AS AN INPUT., 5. THECVD IS ENTERED MANUALLY IN THE PRICING SCHEMA.
19. 19. PROCUREMENT LOCAL PURCHASE SAP CIN CREATE PO PRICING GR IV Excise RateDetermination Based on Material / Chapter ID and Vendor Class Simulate & Post Cenvat. Update Part I Qty Update Part II –Val A/c. Determination This also updates the excise header / line item tables.
20. 20. PROCUREMENT IMPORT PURCHASE SAP CIN CREATE PO PRICING GR Create ExciseInvoice for CVD. This is entered manually in Pricing Update Part I Qty Simulate & Post Cenvat. UpdatePart II –Val A/c. Determination IV This also updates the excise header / line item tables.
21. 21. PROCUREMENT– SUBCONTRACT SAP CIN CREATE PO TRF. POSTING GR IV Create SubContract Challan w.r.t mat. doc. Print Excise Challan Update Register Settle w.r.t. subcontract challan.Consumes the child material. Updates Register Reconciliation and Completion of Challan This alsoupdates the excise header / line item tables.
22. 22. PROCUREMENT– CAPITAL GOODS SAP CIN CREATE PO PRICING GR IV Excise RateDetermination Based on Material / Chapter ID and Vendor Class Simulate & Post Cenvat. Update Part I Qty Update Part II –Val A/c. Determination 50% current year 50% next year. This also updates theexcise header / line item tables.
23. 23. SALES PROCESS REQUIREMENTS AS PER INDIAN STATUTE CALCULATION OF EXCISEDUTY BASED ON MATERIAL AND CHAPTER ID COMBINATION 1. CALCULATION OFEXCISE BASED ON CONCESSIONAL FORMS. 2. CALCULATION OF OUTPUT TAX BASED ONINTERSTATE TRANSACTIONS 3. MAINTENANCE & PRINTING OF EXCISE / ST. DETAILS OFCUSTOMERS ON INVOICES 4. USAGE OF PREPRINTED INVOICE NO. 5. LEVY OF SERVICETAX ON ALL SERVICES RENDERED FROM FACTORY. 6. PAYMENT OF CESS ON CERTAINCATEGORY OF MATERIALS (IF APPLICABLE 7. MAINTAINING OF EXCISE RULES
24. 24. SALES SCENARIOS FACTORY SALES TAX CALCULATION SALES 1. TAXES ON SALES &PURCHASE ARE MAINTAINED AT FEDERAL LEVEL AND STATE LEVEL 2. THE EXCISECONDITION IS MAINTAINED AT 100% 3. THE EXCISE RATE FOR THE MATERIAL ISMAINTAINED IN CIN MASTER. 4. THE INPUT / OUTPUT TAX RATE IS MAINTAINED FORFEDERAL TAX AND STATE LEVEL TAX CONDITIONS 5. REGIONS ARE MAINATINED ATPLANT / CUSTOMER
25. 25. TAXES ARE DETERMINED BY THE SYSTEM 1. THE CHAPTER ID FROM CIN TABLE FORTHE MATERIAL 2. EXCISE RATE DERIVED FROM CHAPTER ID FROM CIN MASTER 3. IN TAXPROCEDURE 100% OF THE RATE IS CALCULATED 4. THE JURISDICTION IS DETERMINEDBASEED REGION MAINTAINED IN CUSTOMER MASTER AND PLANT, 5. IF THE REGION ISSAME THEN STATE LEVEL TAXES ARE APPLICABLE ELSE FEDERAL TAXES WILL BEAPPLICABLE . THIS IS DETERMINED BY THE ROUTINES IN TAX PROCEDURES. 6. THETAXES ON SALES AND PURCHASES ARE DETERMINED BASED ON THE TAX CODES
26. 26. SALES SCENARIOS – FACTORY SALES SAP CREATE SO DELIVERY PGI BILLING This alsoupdates the excise header / line item tables. CIN Excise Rate Determination Based on Material / Chapter Id/ Form type. ST based on Jurisdiction and Tax Codes Excise Inv. WRT SAP Billing Doc. Selection ofRules Update No. Range Update Tables A/c Determination
27. 27. REQUIREMENT OF FINANCE WITHHOLDING TAX • • • • • • • ACCUMULATION OF TAXBASE AMOUNT CERTIFICATE NUMBERING BASED ON BUSINESS PLACE AND IT SECTIONANNUAL RETURN FOR EACH SECTION PAYMENT OF WITHHODING TAX CALCULATION OFSURCHARGE CERTFICATE PRINTING SHOWING TAX RATE INCLUSIVE OF SURCHARGEPAYMENT BY DUE DATE EXCISE DUTY • FORTNIGHTLY PAYMENT
28. 28. PROCESS OF WITHHOLDING TAX TDS ON PAYMENT TDS ON INVOICE REQUEST FORDOWN PAYMENT CALCULATE TDS PAYMENT OF REQUEST CALCULATE TDSACCOUNTING ADJ. FOR DOWN PAYMENT PAYMENT OF TDS UPDATE CHALLAN PRTCERTIFICATE THE TABLES FOR TDS AND CERTIFICATES ARE UPDATED ANNUAL RETURN
29. 29. PROCESS FOR PAYMENT OF EXCISE SELECTION OF DATES UTILIZATION SELECTION OFREGISTERS RG23A,RG23C,PLA PAYMENT ACCOUNTING THE TABLES FOR EXCISE AREUPDATED
30. 30. STATUTORY REGISTERS / REPORTS RG23A PART I REGISTER RG23A PART II REGISTERRG23C PART I REGISTER RG23C PART II REGISTER RG1 REPORT RT12 REPORT 57FREGISTER TDS CERTIFICATES REPORT TDS ANNUAL RETURN REPORT ALL THEREGISTERS & REPORTS WITH CUSTOMIZABLE LAYOUT WITH DOWNLOAD FACILITY AREAVAILABLE AS PART OF STANDARD CIN
31. 31. FISCAL YEAR All the statutory reports and registers have to be maintained as per the GovernmentFiscal Year. The Government Fiscal year starts from 1st of April and ends on 31st of March of thesubsequent year. The Income Tax Depreciation has to be calculated on the basis of the Government FiscalYear basis.
32. 32. PSML Business Processes Thank You
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PROCESS OF WITHHOLDING TAX TDS ON PAYMENT TDS ON INVOICE REQUEST FOR DOWN
PAYMENT CALCULATE TDS PAYMENT OF REQUEST CAL...
PROCESS FOR PAYMENT OF EXCISE SELECTION OF DATES UTILIZATION SELECTION OF
REGISTERS RG23A,RG23C,PLA PAYMENT ACCOUNTING ...
STATUTORY REGISTERS / REPORTS RG23A PART I REGISTER RG23A PART II REGISTER RG23C
PART I REGISTER RG23C PART II REGISTER R...
FISCAL YEAR All the statutory reports and registers have to be maintained as per the Government Fiscal Year.
The Governmen...
PSML Business Processes Thank You
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