| # Excise invoice Excise invoice or Goods Pass out Document (GPD) is a business document provided by the Buy-from business partner or issued to the Sold-to business partner along with the shipment. The document contains the following details: ECC number Name of the consignee Classification and description of excisable goods Date and time of removal of goods Mode of transportation and vehicle number Rate of duty Quantity and value of goods Excise duty payable on goods The sold-to business partner uses the excise invoice to claim the claimable excise duty and adds the non-claimable duty to the inventory value. The excise duty functionality is applicable to incoming and outgoing excisable goods: Incoming excise duty functionality Goods are received in a warehouse or directly at a project site. Goods received always accompany a document called excise invoice/Goods Pass out Document (GPD). The incoming excise duty functionality supports the following business processes: Normal purchase Sales returns Inventory transfer Outgoing excise duty functionality The Goods Pass out Document or the excise invoice is a legal document printed in the Warehouse Management or in the Central Invoicing. The document must be sent to the customer with the shipped goods. The excise invoice states the amount of the excise duties. The customer can use the excise invoice to claim back the excise amount paid as CENVAT credit. You can also cancel the excise invoices. The outgoing excise duty functionality supports the following business processes: Normal sales AS SUCH Capital goods AS SUCH non capital goods Inventory transfers Purchase returns Note For Purchase returns, CENVAT credit is reduced for the quantity of goods you return. Similarly, for the Sales returns, CENVAT credit increases for the goods you receive. Following are the enhancements made to the excise invoice: Cancellation of an excise invoice You can use the Duration for Cancellation in the India Localization Parameters (tccom9136m00l) session, to specify the maximum time period allowed to cancel an excise invoice. The time period is calculated from the Tax Invoice Date to the current date and time. GPD Redesign The incoming excise invoice displays all the excise taxes separately. The Capture Goods Pass Out Document (whinh9540s10l) session is split and includes the tax details in the Goods Pass Out Document Lines (whinh9136m00l) session. Excise related taxes in RG 23D Receipts and Issues When an excisable item is received in a RG 23D warehouse, the RG 23D Receipts Against Folio Lines (whinh9137m00l) session is populated with the corresponding tax details. The RG23D Folio Wise Issue Lines (whinh9138m00l) is populated with the tax details of each folio line, when an excisable item is issued in a RG 23D warehouse. |