Re: VAT calculation and Customs duty in Import Purchase China

Hi

I couldn't see your pricing procedure but Condition need to be defined for import pricing procedure....

JCDB- BASIC CUSTOM DUTY

JEDB- ECESS ON CUSTOM DUTY

JSDB- S&HECSS ON CUSTOM DUTY

JCV1- CVD

JVDC- ADDITIONAL CUSTOM DUTY

Add aforesaid conditions in your import pricing procedure and usually calculation for import process...

1.GROSS PRICE+CIF= ***.VALUE

2.CALCULATE CUSTOM DUTY ON ***.VALUE

3.***.VALUE+CUSTOM DUTY

4.CALCULATE CVD ON ***.VALUE+CUSTOM DUTY

5.CALCULATE ECESS AND S&HECESS ON CD+CVD

6.CALCULATE ADD.CUSTOM DUTY ON TOTAL VALUE(up to 5th step)

Regards

Rahul