TDP - Tariffs, Duties and Permits (IS-OIL-DS-TDP) This component provides functions for calculating and posting excise duty for dutiable materials. The system calculates and posts excise duty when a goods movements occurs, based on the quantity of material moved, and the location information of the material, if required.
The component covers:
Calculation of excise duty in purchasing and sales
Calculation of excise duty in inventory management and physical inventory (for example, excise duty calculations for material when there are goods movements between plants with different ED rates)
Calculation of excise duty in production orders
Calculation and posting of excise duty liabilities and claims for goods movements of dutiable material
Split inventory management of the ED portion and net price of a material
The use of several excise duty rates for a material
Revaluation of inventories after changes to excise duty rates
Licenses for excise duty (ED) reductions and exemptions
Region-based calculation of excise duty
Data pool for creating reports.