Download - 1_Overview .ppt

7/30/2019 1_Overview .ppt

1/18

Country Version India

CIN40A Training Courseware


2/18

Copyright 2001 SAP AG. All rights reserved.

Neither this training manual nor any part thereof maybe passed on to others, copied or reproduced in anyform or by any means, or translated into anotherlanguage, for any purpose without the express priorconsent in writing of SAP AG. The informationcontained in this document is subject to change andsupplementation without prior notice.

All rights reserved.

Copyright


3/18

Audience Members carrying out Central Excise, Sales Tax and TDS tasks

Consultants involved in Project Management for MM, SD and FI modules

Duration : 5 Days

Target Group


4/18

The Country Version India is an add-on component for SAP R/3. CIN 40A is released as add-on for R/3 4.6 C.

CIN complements R/3 in delivering new functionality for India

specific statutory requirements:

Excise Duty

Sales Tax

Tax deduction at Source

Maintenance and Printing of statutory ledgers

Country Version India (CIN)


5/18

Course Goals

Understand Indian statutory requirements in the area of IndirectTaxation

Understand TDS for services

The course includes areas related to Financials, Materials

Management and Sales and Distribution


6/18

Unit 1 - Case Company

Unit 2 - Excise Setup

Unit 3 - Procurement

Unit 4 - Subcontracting

Unit 5 - Sales

Unit 6 - Depot

Contents

Unit 7 - Excise/ Sales Register Unit 8 - TDS - Overview

Unit 9 - EWT

Unit 10 - Classic TDS

Unit 11 - Asset Accounting


7/18

Case Company : Contents

Star Cycles India Limited the case company

CIN 40A Legal Overview

CIN 40A & related R/3 organizational elements


8/18

Case Company: Unit Objectives

At the conclusion of this unit, you will be able to: Describe the background and product line of Star Cycles India Ltd(SCIL)

Define CIN organizational elements

Understand Indian Legal Requirements


9/18

Case Company : Unit Business Scenario

SCIL manufactures Cycles at its plants in Mumbai and Chennai. The

products are Professional Mountain Bikes (PMB) and Children Bikes(CB)

SCILs plants at Mumbai and Chennai procure raw materials from

vendors in Mumbai, Chennai, Ludhiana and New Jersey(USA)

The Mumbai plant receives cycle frames manufactured at the

Chennai Plant

Cycle Frames undergo job work at a Subcontractor in Coimbatore

and are supplied back to Chennai Plant.

The finished products are directly sent to the customers from the

Mumbai Plant. They can also be sent to dealers from the depot atPanvel Warehouse and/or Pondicherry Warehouse

L i i O i


10/18

Logistics Overview

Domestic Vendor Import Vendor Domestic Vendor

Mumbai Plant Chennai Plant

Panvel Depot Pondicherry Depot

Domestic Customer

OverseasCustomer

Subcontractor

6854654654

L l Vi P f R M i l


11/18

Legal View: Procurement of Raw Materials

Domestic Vendor

GR at Factory Gate

Excise Invoice

Capture and Post

Deposit Rs. 160as Duty to theGovt.

Price: 1000Qty : 10 PC

Duty 16%- 160

Excise Invoice

Excise Stock/

Part I Register

ReceiptQty : 10 PC

CENVAT / Part II

Register

ED Credit: Rs 160

S b t ti


12/18

Subcontracting

Input

Annexure IVAnnexure V

Output

Challan

FACTORYSub contractor

St k T t


13/18

Stock Transports

GR at Recv. Plant

Excise Invoice

Capture and Post

Excise Stock/

Part I Register

Receipt

Qty : 10 PC

CENVAT / Part IIRegister

ED Credit: Rs 160

Supplying Plant

Deposit Rs. 160

as Duty to theGovt.

Price: 1000Qty : 10 PC

Duty 16%- 160

Excise Invoice

Sale from Factor


14/18

Sale from Factory

Supplying Plant

Price: 1000

Qty : 10 PCDuty 16%

+ 160

Excise Invoice

Dispatch

Fortnightly utilization

CENVAT/Part II RegisterPLA Register

Debit:Rs. 160

Excise DutyPayable A/C

Sale from Depot


15/18

Sale from Depot

Depot

Price: 1000

Qty : 10 PCDuty 16%

+ 160

RG23D Register

Debit: Rs. 160Reduce qty by 10

Invoice

Dispatch

Export Sale


16/18

Export Sale

Supplying Plant

Price: 1000

Qty : 10 PCDuty 16%

+ 160

Invoice

Dispatch

Update Excisedatabase

Under Bond

Debit:Rs. 160

Excise DutyPayable A/C

No Bond

Fortnightly utilization

CENVAT/Part II RegisterPLA Register

SCIL Organizational Elements


17/18

SCIL- Organizational ElementsCompany

SCIL

Mumbai Plant

Chennai Plant

Panvel Depot

Pondicherry Depot

Plants/Depot

E1

E3

E2

E4

Excise Group

S1

S4

S3

S5

S2

S91

Series GroupRegistration ID

R1

R2

R3

TDS OVERVIEW


18/18

TDS OVERVIEW

Pay Tax toGovernment

Issue

Certificates

File Returns

Deduct Tax

from Vendor

Vendor Vendor

Income tax office

Bank

Download - 1_Overview .ppt

Top Related