How to forward cenvat amount while posting Sales Invoice (Trading)? Is it required to select Excise structure in sales transaction? Will it calculate Excise on Sales Rate or attain from Purchase Transaction (Trading)?
Hi Neil and welcome to forum,
Indian taxation system is soooo complicated, that only Navision folks from India, working daily with Indian localisation can help you - and even not all of them. I recall there were threads in forum, where people from India wrote, that even working with it for years they can not say they understand it for 100% [:)]
So, I moved your post to India forum - there it will catch attention of our India members.
Thanks a lot Modris for quick reply
Neil
Refer to the feature Instruction manual available in HF 1 of NAV 4.0 SP3 “17577(17974)_Excise on Trading Goods,ER-5 & ER-6_Feature Instructions Guide”