RECOVERABLE/MODVAT FLAG IN TAX WINDOW DISSAPPEARS IN THE PO RECEIPT (Doc ID 1990418.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Financials for India - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, India PO Localizations

ACTUAL BEHAVIOR
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While creating the PO Release It is observed that 'Modvat Recoverable flag' is blank for taxes Excise Basic, Excise - Education Cess & Excise SH Education Cess even though the parent BPA has got these flag as enabled. This is leading to a wrong population in Each PO release and so in the subsequent receipts also where Excise is applicable. So User is unable to claim credit of Modvat.

EXPECTED BEHAVIOR
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System Should create the PO releases with 'modvat flag' as same as against the original blanket purchase agreement which in turn will result into correct population in receipts localized also.

STEPS
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The issue can be reproduced at will with the following steps:
1. Create Blanket Purchase Agreement
2. Create PO Release
3. Click on Release Taxes
4. Check Modvat Flag

Cause

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