cin 4.0a presentation
TRANSCRIPT
8/3/2019 CIN 4.0A Presentation
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Country Version IndiaA solution that addresses Statutory Requirements
8/3/2019 CIN 4.0A Presentation
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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)
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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 ?
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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
Working withSubcontractors
Working withSubcontractors
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
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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
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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
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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
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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
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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
Sale Transfer to Factory
Return to Vendor Transfer to Depot
Return to Customer Transfer to Subcontractor
From Depot
Removal of Goods
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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
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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
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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
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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
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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
Sale Transfer to Factory
Return to Vendor Transfer to Depot
Return to Customer Transfer to Subcontractor
From Factory
Sale Transfer to Factory
Return to Vendor Transfer to Depot
Return to Customer Transfer to Subcontractor
From Depot
Removal of Goods
CENVAT A ailment & Utili ation (Pre B dget 2000)
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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)
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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