CIN 4.0A Presentation

8/3/2019 CIN 4.0A Presentation

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Country Version IndiaA solution that addresses Statutory Requirements



The Country Version India is an add-on component for SAP R/3.

CIN 4.0A is released as add-on for R/3 4.6 C.

CIN complements R/3 in delivering new functionality for India-specific statutory requirements.

CIN facilitates handling of tax implications during the procurementand sales cycles.

Country Version India (CIN)



Enhancement needed to cover the following India specific requirements Excise

CENVAT

Sales Tax

Octroi

Tax deduction at Source

Maintenance and Printing of statutory ledgers

Country Version India - The Need ?



Legal Reporting and Payment

Adjustments and Reversals

CIN Excise Tax Engine

Customer

Vendor

Subcontractor

Factory

Depot

Vendor Factory Subcontractor Depot CustomerTo

From

Excise Tax Solution

O

u t b o u n d M o

v e m e n t s

Inbound Movements

Working withSubcontractors




Receipt of Material

Receipt of Material

Removal ofGoods

Removal ofGoods

Removal ofGoods

Receipt of Material

Receipt of Material

Receipt of Material

Removal ofGoods

Removal ofGoods

Removal ofGoods

Removal ofGoods

Removal ofGoods

Receipt of Material

Receipt of MaterialReceipt of Material



Customizing and Master data maintenance

Company and Plant settings

Excise Registration details

Excise rate maintenance based on chapter Id, Vendor/Customer

status

Maintain number ranges for Registers, Excise Invoice

Assign G/L accounts

Excise & CENVAT



CIN Excise Tax Engine - Highlights

Various Types of Excise Duties (BED, AED, & SED) & Cess

Ad-valorem and Specific (Quantity-based) Tax Rates

Exceptional Rates

Concessional Rates Based on Forms

Assessable Value

Different Base Values for Excise and Sales Tax

Vendor and Customer Status

Amendment of Open Sales and Purchase Orders

Excise Concession Forms Tracking

Rate Maintenance andCalculation -Comprehensive andAdaptable to LegalChanges



Purchase Transfer from Factory

Transfer from Depot Return from Custome r

Transfer from Subcontractor

At Factory

Purchase Transfer from Factory

Transfer from Depot Return from Customer

Transfer from Subcontractor

At Depot

Receipt of Material

Receipt of Material - Highlights

Capture of Excise Invoice

Multiple GR’s per Excise Invoice

Inventory Valuation with Excise

Posting of CENVAT Credit

Register Update (Plant and Depot)Invoice Verification with Excise

CENVAT Credit Management -Fully Integrated in the Procurement

Process



Receipt of Material - New Excise Tax Functions

Excise InvoiceCapture

Goods Receipt

Invoice Verification

Excise InvoiceVerification

Purchase Order

Default Quantity from Excise Invoice

Quantity Mismatch Indicator 50% CENVAT Credit on Capital Goods

Follow-on functions for Capital Goods

CENVAT for CVD

Exchange Rate for CVD

Alternate Account Determination

Profit Center Accounting

Invoice Verification with Excise and CVDSupport of Evaluated Receipt Settlement (ERS)

Vendor Payment with CENVAT Credit on Hold

Posting Parked Documents with Excise

Multiple Registrations per Plant

Depots at Excise Group Level

Multiple GR’s per Excise Invoice at Excise Group level

Excise Invoice Query

List of GR’s without Excise Invoice



Removal of Goods - Highlights

Printing of Excise Invoice

Posting of Excise Tax Liability

Optional Combination with Commercial

Invoice

Optional Excise Invoice Split

Register Update (Factory and Depot)

Full Compliance across theDistribution Process

Sale Transfer to Factory

Return to Vendor Transfer to Depot

Return to Customer Transfer to Subcontractor

From Factory




From Depot

Removal of Goods



Removal of Goods - New Excise Tax Functions

Excise cum CommercialInvoice

Excise Invoice

Commercial Invoice

Commercial Invoice

Excise Invoice

Proforma Invoice

Goods Issue

Delivery

Automatic Determination of Excise and Series Group

Excise Invoice Creation in Background

Batch Utilization

Customizable Layout Set for Printing of Excise Invoice

Capture of Pre-Printed Excise Invoice Number

Document Flow for Excise Invoices

Excise Invoice for Returns Without Payment of Duty

Separate Exchange Rate for Export Invoice

Use of Tax Classification for Excise Concession Forms

Excise Invoice Selection and RG23D Entry for Removals from Depot

Streamlined Excise TaxProcessing



Excise Invoice Generation

Excise Invoice Serial number based on Series group

allows multiple registrations, excise invoice numberranges, CENVAT accounts per plant

allows creation of excise invoice where no commercialinvoice is required (e.g. transfer to depot, free supplies

etc.) allows delayed creation of commercial invoice (e.g.

exports)

Excise and sales tax concession forms basedon customer and material tax classification

Reversal of Excise invoice withoutmarking it for cancellation

Removal of Goods : Excise Invoice Generation

f G C



Excise Duty computation for

Sale with Exemption Forms

Exports sale under bond / without bond

Deemed Exports (Sale to 100% EOU)

Products issued free of charge

manufactured materials drawn for sampling checks

Remission for special industrial purposes (Chapter Xprocedures)

Removal of material (scrap sales)

Removal of Goods: Excise duty Computation

R l f G d F t i htl CENVAT Utili ti



Accumulation of Excise duty payable in separate account Fortnightly Payment of Excise Duty effected through

Debit to CENVAT Register (RG23)

Debit to PLA Register

Immediate Excise duty utilization from CENVAT accounts option is alsoavailable

Removal of Goods: Fortnightly CENVAT Utilization

R l f G d D t ti



Stock Transfer and Sale from Depot

Receipt at Depot from Manufacturing Plants orDirect Purchases

Maintenance of RG23D registers at Depot

Depot sale Invoice to take into account duty

captured from Incoming Excise Invoice

Removal of Goods: Depot operations




From Factory




From Depot

Removal of Goods

CENVAT A ailment & Utili ation (Pre B dget 2000)



PLA Register

RG23 RegistersPart II

DEPOSIT FUNDSIN PLA ACCOUNT

UpdatePLA Register

GOODSRECEIPT

VENDOR

EXCISE INVOICEPROCESSING

RG23 RegistersPart I

DESPATCH

SELECT

REGISTER

SALES

EXCISE INVOICEPROCESSING

CENVAT Availment & Utilization (Pre Budget 2000)

CENVAT Availment & Utilization (Post Budget 2000)



CENVAT Availment & Utilization (Post Budget 2000)

CENVAT on holdfor Cap Goods

CENVAT Account

VENDOR EXCISE

INVOICEPROCESS

GOODSRECEIPT

DESPATCH

SALES EXCISEINVOICE PROCESS

Excise DutyPayable A/C

PLA A/C

DEPOSIT

FUNDSIN PLA

ACCOUNT

CreditPLA Account

SELECTREGISTER Excise duty

UtilizationTransaction

ON-LINE TRANSACTIONS

FORTNIGHTLY TRANSACTIONS Credit ED Payable A/c

(Consolidated Entry)

Debit ED Payable A/c

Debit PLA A/c

Debit CENVAT A/c

Credit CENVAT A/c

Credit CENVATon-hold A/c

Adjustments and Reversals Highlights



Adjustments and Reversals - Highlights

Management of CENVAT Credit for Capital Goods

CENVAT Reversals and Adjustments

One-Step Reversal of Excise Invoice

Flexibility for 100% Compliance

Scrap

Non-production use

Additional Excise Paid by Vendor

Deposit into PLA through TR6

Cancel Excise Invoice

With Reference to External Document

CENVAT Adjustment

Working with Subcontractors Highlights



Working with Subcontractors - Highlights

Challan Completion

Quantity Reconciliation

Goods Receipt

Challan Creation

Transfer Posting

Purchase Order

CENVAT Reversal for Non-receipts

CENVAT Re-credit

Handling of Kits and Multiple-lot Dispatches

Multiple Challans for a Transfer Posting

One-step Challan Creation and Printing

Reconciliation Workbench Multiple Challan References per GR

Full-Cycle Monitoring of 57F4 Process Status

Annexure IV Report

57F2/F3 Process

Closed-Loop Control ofSubcontracting Process

Tax Deducted at Source with EWT Highlights



Tax Deducted at Source with EWT - Highlights

Accumulations

Multiple vendors in One Invoice

Multiple Tax Line Items in One Invoice

Calculation Alternatives (Gross, Net, Offset)

Rounding Options

Adjustments

TDS Deducted by Customers

TDS Accounting Made Easy throughEWT Core Functionality...

Posting TDS with the Extended Withholding Tax Solution (EWT)

TDS on Down Payments TDS on Invoices

TDS Adjustment at Invoice ClearingTDS Adjustment at Provision Clearing

TDS on Provisions TDS Adjustments

Tax Deducted at Source with EWT - New Functions



Tax Deducted at Source with EWT - New Functions

TDS on Invoices, Down Payments and Provisions

TDS Adjustments on Clearing of Down payments and

Provisions

TAN represented by organizational entity “Business Place”

Deduction, Remittance, and Certificate Issue for Multiple TAN

Payment Due Dates by Business Place

Integrated Challan Update and Account Clearing

Certificate Printing with Customizable Layout Sets

Provisional Tax on Services

TDS Surcharge

TDS Certificates from Customers

Annual Returns for Sections 194C, 194D, 194I, 194J

…plus Powerful Enhancements for India

Tax deducted at Source (TDS): Classic



Enhancement of With holding tax functionality to suit Indian

requirements. Provision to maintain Multiple accounts (section wise)

TDS deduction for

Down payments

on invoice booking

Challan Updation

Certificates printing, reprinting, cancellation

Annual returns for

Section 194 C, Section 194 D,

Section 194 I, Section 194 J

Tax deducted at Source (TDS): Classic

Tax Deducted at Source (Classic) - New Functions



Tax Deducted at Source (Classic) New Functions

Posting with Business Area

Posting to Special Periods

Copy Invoice Reference

Profit Center Posting

TDS Certificates for One-Time Vendors

Annual Returns

Copy House Bank to TDS Documents

TDS Processing in Batch

Other Indirect Taxes - Highlights



Other Indirect Taxes Highlights

CST and LST rates

Sales Tax Setoff

Purchase Tax

Octroi

One Commercial Invoice for Multiple Excise Invoices

It is not just Excise...

Sales Tax



Paid on ad valorem basis (Tax procedure Template provided)

Basic price of material

Plus Excise Duty

Minus Trade Discount (During Sales Process)

Determination of Local Sales Tax & Central Sales Tax throughcalculation formula

All states have sales tax - Tax rates are not uniform - determined byrespective state governments in their annual budgets. (Tax rates to bemaintained through Tax codes)

Concessional rates of sales tax

Sales Tax set off percentages (Set off percentages can be maintainedagainst material). Amount set off does not get into inventory valuation.

Octroi



Levy charged by the corporation of the city

Varies from state to state A percentage or a fixed amount

Computed on Basic price + excise duty + sales tax

Functionality supported through special condition type in thepricing procedure template

Register Printing and reporting



Reporting and Printing options

RG 23 A Part I

RG 23 A Part II (CENVAT Register)

RG 23 C Part I

RG 23 C Part II

RG 23 D

RG 1, PLA 57AE monthly returns

Annexure IV (Subcontracting)

Sales Tax register

RT 12 returns

TDS Annual Returns & Certificate Printing

SAP also facilitates data download in a ASCII (text) file for select registers.

CIN and the mySAP.com Workplace Portal



y p

CIN users act in roles in a company: ExciseManager, Excise Clerk, TDS Manager, …

A user can perform multiple roles. CIN delivers

13 role templates. They are easy to change andextend per role and per user.

The mySAP.com WorkplacePortal with its taylor-madeLaunchPad for role-specific

activities provides immediateaccess to mySAP.combusiness scenarios, non-SAPcomponents, and the Web.

The Workplace can belaunched through a webbrowser for unlimited accessanytime, anywhere.

The One-Menu-Fits-AllTimes are Over

Structured Approach



Separate menu for India Localization

Implementation Guide (IMG)

More structured approach to configuringIndia version tables

On-line Help

All CIN related Master Data maintained at oneplace

Controlled JV transactions to handle Exceptions

Authorization profile (Authorizations at menubutton level for Excise JV & Capital goodsCENVAT posting transactions)

Configurable messages (Currently facilityavailable for few critical messages )

Customizing wizard for health check

pp

CIN 4.0A Presentation

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Transcript of CIN 4.0A Presentation