Payment of Import Duty on FOB purchase

Business Central/NAV User Forum
1

When duty is to be calculated on goods imported on FOB basis, freight and insurance are paid in local currency (i.e. INR). There is no provision in Import Order to enter these charges in any currency other than that specified in the header. Further, these charges may be payable to 3rd party. Has any one faced such a problem in EXIM?

2

Yes Krupesh, The functionality provided for calculation of FOB is not at all near to common client requirements. 3rd party payment is possible only through structures or direct Purchase Invoice of such charges applying the same to related shipments. Customization is required to calculate the FOB value. Regards, DD

3

Hello Krupesh,

We have localised AX putting one special function as “Third Party Invoicing” where you can put the other charges on purchased material which are not mentioned in PO (Import Duty, Consignment Clearance, local carrier etc.) these values are directly posted to an individual account against specific PO and the landed cost of the Item gets updated by adding this value.

Regards

Pavan

4

Can u pls tell me what we need to do for applying such payments.

Thanks

Shahid

5

Hi Shahid,

Better you used Misc. Chages option its a good solution for you…

Thanks

Hemant

6

Hi Krupesh,

Did you ever find a solution to this problem? If yes, would you mind sharing it with us?