Purchase Cycle

1) When we procure materials from the Vendor

MIGO Inventory RM Dr 110000

GR/IR Clearing A/c Cr

Freight Clearing A/c Cr

J1IEX Excise Department has to take the Excise benefit through J1IEX

RG23A BED Dr 8000

RG23A E Cess Dr 160
RG23A H E Cess Dr 80

Cenvat clearing Cr

MIRO When bill received to finance department - Bll Passing

GR/IR Clearing A/c Dr 100000

Freight Clearing A/c Dr 10000
Cenvat clearing Dr 8240
VAT Receivable Dr 4729.6

Vendor Cr

After Completion of Purchases the following excise balances will be lying in the excise books of accounts

RG23A BED Dr 8000

RG23A E Cess Dr 160
RG23A H E Cess Dr 80

To get the balances into excise register J2I5 has to be executed to extract balance to excise books

to see the register J2I6 has to be executed

Sales Cycle
Billing Document-VF01
Customer A/c Dr 220800

Sales Revenue Cr
ED Collected Cr
E Cess Collected Cr
H E Cess Collected Cr

Excise invoice Posting through-J1IIN

Excise Duty paid Dr 20800

BED Payable Cr
Ecess Payable Cr
HE Cess Payable Cr

When the value is not sufficient in the RG accounts, this will be filled with PLA

First post PLA Deposit through the following entry

FB50

PLA TR6CPAY CLG Dr 20,000.00

PNB Hsr-CC-4075-MAIN Cr

J1IH-TR 6 Challan

PLA H. ECESS 1% Dr 2,000.00

PLA EXCISE-BED DEPOSIT ACCOUNT Dr 16,000.00
PLA ECESS Dr 2,000.00

PLA TR6C PAYMENT CLEARING Cr

At the end of the month Excise liability has to be redeemed with balance in RG23 & PLA

Transaction Code J2IUN

BED Payable Dr 16000

Ecess Payable Dr 3200
HE Cess Payable Dr 1600

RG23A BED Cr
RG23A E Cess Cr
RG23A H E Cess Cr
PLA H. ECESS 1% Cr
PLA EXCISE-BED DEPOSIT ACCOUNT Cr
PLA ECESS Cr

With this, at the end of the month liability is being cleared and RG accounts shows net balance

J1IH Scenarios

Material Written Off : When the material written of from the company, liability will be generated through Material writ

Matl non-Prod : If the material is used for non production purpose, libility will be generated through Matl Non-Prod

Additional Excise: Subsequent benefit of RG Accounts can be taken through Additional Excise
 100000
10000

8240

122969.6

he excise books of accounts

alance to excise books

 200000
16000
3200
1600

16000
3200
1600

20000

20,000.00
RG23 & PLA

8000
160
80
1,520.00
8,000.00
3,040.00

unts shows net balance

will be generated through Material written off

be generated through Matl Non-Prod

Additional Excise
Credit Memo Through MIRO

21 VSAILBI01 steel authority of India Ltd. 214,612.86

96 1901100 GR/IR-R.matl - DOM -198,750.86

50 1981000 Cenvat Clg Gen Acct -15,400.00

50 1981000 Cenvat Clg Gen Acct -308
50 1981000 Cenvat Clg Gen Acct -154

J1IS, Excise Invoice, Through MATD

40 1981000 Cenvat Clg Gen Acct 154

40 1981000 Cenvat Clg Gen Acct 15,400.00
40 1981000 Cenvat Clg Gen Acct 308

50 2710330 H.E.Cess (Sales) 1% 154.00-

50 2710090 EXC DUTY PAY (SALES) 15,400.00-
50 2710130 ECess Payable-Sale2% 308.00-
Finance Department:

FI Journal Voucher for Debit note: -FB60

Material Consumption A/c Dr 25000

Excise Paid Account Dr 1000
To Vendor A/c 26000

Excise Department :
Excise JV, Through J1IH-Additional excise

RG 23A BED 900

E Cess 80
H E Cess 20

To Excise Duty Paid 1000

First post PLA Deposit through the following entry

FB50

Cr 1351100 2,500,000.00- PNB Hsr-CC-4075-MAIN

Dr 2710070 2,500,000.00 PLA TR6CPAY CLG
0

J1IH

Cr 2710070 2,500,000.00 PLA TR6C PAYMENT CLEARING

Dr 2710320 500,000.00 PLA H. ECESS 1%

Dr 2710050 1,500,000.00 PLA EXCISE-BED DEPOSIT ACCOUNT
Dr 2710120 500,000.00 PLA ECESS
 Excise Invoice for Sales Debit
Memo, T. Code J1IS, user must
needs to enter Sub Transaction
Type as 21 otherwise all Excise
entries will go WRONG.

J1IS Entry for Sales Debit Memo

40 6101100 Excise Duty Pd 2

40 6101100 Excise Duty Pd 200
40 6101100 Excise Duty Pd 4
40 206
50 2710330 H.E.Cess (Sales) 1% -2
50 2710090 EXC DUTY PAY (SALES) -200
50 2710130 ECess Payable-Sale2% -4
50 -206

J2IUN Utilization for Debit Memo

40 2710090 EXC DUTY PAY (SALES) 200

40 2710130 ECess Payable-Sale2% 4
40 2710330 H.E.Cess (Sales) 1% 2
40 206
50 2710000 RG23A BED -200
50 2710100 RG23A ECess -4
50 2710300 RG23A H.Ecess 1% -2
50 -206

Correct If in case Excise Inv. Needs to be CANCELLED, then it must be Cancelled through J1IH
Cancellation must not be done from J1IS, otherwise it will give improper results. Moreover, while
Wrong Entry
cancelling through J1IS, system will generate one more Excise Invoice No.

Cancellation Entry:
40 2710330 H.E.Cess (Sales) 1% 8
40 2710090 EXC DUTY PAY (SALES) 800
40 2710130 ECess Payable-Sale2% 16
40 Total 824
50 6101100 Excise Duty Pd -8
50 6101100 Excise Duty Pd -800
50 6101100 Excise Duty Pd -16
50 Total -824
 74,472.00
10,896.00
133,005.00
10,318.00
673,203.00
423,538.00
563,559.00
1,888,991.00 1,888,991.00 3,393,532.00 1,504,541.00

1,938,061.00
563,559.00
1,338,107.00
29,507.00
752,423.00
4,621,657.00

led through J1IH

r results. Moreover, while
No.