Excise Invoice (Incoming) 

Definition

A business document, in India, that your vendor sends you when it delivers excisable goods. It lists the goods and states how much excise duty applies on them. Your use the excise invoice to claim back the excise that you have paid from the excise authorities.

Use

When you procure goods externally, each delivery that your vendors make is accompanied by an excise invoice. You have to post these in the system. This document is required as proof of the excise duty that you have paid, so that you can then offset the duty against the excise duty that you levy on outputs.

You can capture and post excise invoices in one or two steps, depending on your business requirements.

·        In the two-step procedure, the excise clerk captures the incoming excise invoice. This means that the clerk enters the data, but the system does not yet create an entry in Part II of the appropriate excise register. Another user (the excise supervisor) checks the excise invoice and posts it. The system then creates a Part II entry.

·        In the one-step procedure, the excise clerk captures and posts the incoming excise invoice simultaneously. The system creates the Part II entry automatically.

Generally speaking, you have one excise invoice for each goods receipt, but see also Multiple Goods Receipts for a Single Excise Invoice.

Structure

In the SAP system, the excise invoice consists of header data and line items. The header data comprises:

·        An internal number

·        The excise invoice number

·        The date of the excise invoice

·        The details of the original vendor who generated the excise invoice, if your vendor purchased the goods from another vendor and was merely selling them on to you

At line item level, the excise invoice lists the materials on the excise invoice, showing the following information:

·        Chapter ID

·        Quantity of materials

·        Excise duty base amount

·        Rates of excise duty

·        Amount of duty paid