GST : BOE (Bill Of Entry) Application Not Considering Assessable Value Of Item While Applying BOE to Receipt (Doc ID 2309716.1)

Last updated on FEBRUARY 01, 2023

Applies to:

Symptoms

BOE Application not considering the assessable value of item at receipt

Steps 

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i)Navigate to Oracle Financial For India
ii)Transactions >Enter Bill of Entry
iii) Created the BOE Invoice without Reference
iv) Pass the Assessable value and attach the custom tax category
v)Confirm the BOE to create the BOE Invoice
vi) Make the payment of BOE Invoice
vii)Now, BOE was available for Receipt Application

i) Navigate to India Local Purchasing
ii)Oracle Purchasing > Purchase Orders
iii) Create the Purchase Order in USD without any taxes
iv) Approve it
v) Oracle Purchasing > Receiving > Receipt
vi) Create the Receipt
vii) Navigate to tolls > India Tax Details
viii)Pass the Assessable value and Custom Tax Category
ix) Apply and Save it , tax has is being calculated as per Assessable
value
x) Change the currency of Receipt from USD to INR
xi)Again click on apply button to re-calculate the taxes based on INR
xii) tax is being calculated correctly as per passed assessable
value
xiii) Confirm the taxes
xiv) Navigate to tolls > Receipt Lines Application
xv) Select the available BOE and click on Apply button to apply BOE
xvi) After the application of BOE , query the Bill of Entry to
validate the Applied BOE Amount
xvii) Find that System has not considered the Assessable value at receipt
level to calculate the Custom tax , tax has been calculated based on item
price list that's wrong
xviii) Again Query the Receipt using the Receiving Transaction Summary form
and Navigate to tolls > India Tax Details from ,
find that Assessable value is not available

Changes

Cause

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