MRP Based Excise Value. (Doc ID 2250297.1)

Last updated on MARCH 31, 2017

Applies to:

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

Goal

On : 12.1.3 version, Excise - Order to Cash Cycle

How to calculate excise tax on item MRP Value.

In The organization we have below billing process (MRP Based Excise).

Excise duty is calculated on MRP Value.

For Example,
MRP 100 rs
Discount 20% 20 rs

Selling Price 80 rs
Excise Value is based on the MRP Rate...?
 

Solution

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