Cenvat Claim is not Calculated at Basis of 50% (Doc ID 2108403.1)

Last updated on MARCH 06, 2016

Applies to:

Oracle Financials for India - Version 12.2.4 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.4 version, Excise - Procure to Pay Cycle

ACTUAL BEHAVIOR
---------------
Cenvat claim is not calculated at basis of 50%

 

EXPECTED BEHAVIOR
-----------------------
CENVAT claim should happen at 50%

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a PO receipt
2. Make sure that the item should be classified as CGIN(Capital Goods)
3. Claim the CENVAT
4. Issue occurs


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
CENVAT Claim issues

Cause

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