GST: How To Apply Material Overheads On Imported Goods In India Localization? (Doc ID 2976945.1)

Last updated on OCTOBER 04, 2023

Applies to:

Goal

Currently we work under the following scenario:
For imports, we create a Bill Of Entry (BOE) and assign at each Purchase Order (PO) line the following taxes:
INDIA-CUSTOM-ADHOC (Unrecoverable)
INDIA-CUSTOM-IGST-ADHOC (Recoverable)
INDIA-CUSTOM-SURCHG (Unrecoverable)

On top of the import charges reported in the BOE, we have other import costs that we want to define as Material Overheads.
Do we have a way to load these additional Material Overheads on the import items? If so, then how can we achieve it?
  

Solution

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