Monthly Remittance of Excise Duty and Service Tax

You use this report to calculate how much excise duty you must remit to the authorities. Legislation requires you to remit excise duty monthly - for all the goods issued and services provided in the given month. In each case, you are allowed five days to remit the excise duty and service tax. Once the report has determined how much you have to pay, it allows you to specify where the money should be paid from - whether it should be deducted from the CENVAT credits that you have accumulated, from the service tax credit accounts, from the personal ledger account (PLA) or from the service tax clearing accounts. If the service tax is to be paid from the service tax credit and CENVAT credit, and the credit available is not sufficient to pay off the service tax, then the amount is pushed to the service tax clearing accounts. NOTE You use the service tax clearing accounts for service payments and personal ledger accounts for CENVAT payments respectively.

Prerequisites
You have: Customized the system so that when you create an excise invoice for a sale, the system automatically debits the excise to a CENVAT clearing account Made the settings in Customizing for Logistics - General, by choosing Movements India Business Transactions Utilization Taxes on Goods

Maintained the various service tax G/L account details in Customizing for Logistics General, under Taxes on Goods Movements India Service Tax Account Assignment .

Features
To access the report, on the SAP Easy Access screen, choose Movements Monthly Utilization . Indirect Taxes Sales/Outbound

On the selection screen of this report, you can no longer maintain the General Ledger (G/L) accounts. To maintain the G/L accounts, do so in Customizing for Logistics General, under Tax on Goods Movements India Service Tax Assign Service Tax Accounts .

Selection
On the selection screen, enter data as required: Organizational data (in the General data group box) Posting date for the CENVAT payment, if it is different from the run date The period to be covered by the report (for example, 1-15 January) NOTE If, for any reason, you want to select an excise invoice individually, you can do so. Any entry in the Period field will be disregarded. NOTE To display a list of all the excise invoices whose excise duty you have not yet remitted, choose Display pend. invoices. To display a list of only the excise invoices for a given period, enter the period in the Period fields, select Select pending inv. for period, and chooseDisplay pend. invoices. You can also print the list of pending invoices.

To display the last date when tax was remitted, choose Display last util. date (Display last utilization date). Payment options You can pay the CENVAT and Service Tax payable amount from CENVAT credit or service tax credit accounts.

Output
For each sort of excise duty, the system shows you: How much you have to remit (Amounts payable group box) How much credit you have at your disposal on the appropriate CENVAT account and Service Tax account(Available balances)

For a list of excise invoices that are considered for the CENVAT payment, choose Display excise invoices. You can print the list and use it as an annexure. You can save the entries only when you have utilized all the duties. The system then: Creates an accounting document that debits the accounts from which the excise duty or the service tax is to be paid. Account CENVAT account Excise duty account Service Tax Debit 250.00 50.00 200.00 Credit

Generates entries in the Part II table for service tax payable. The system assigns a new register type T and also updates the Excise Part II details (J_1IPART2) and the Excise invoice line item details (J_1IEXCDTL) tables with the service tax serial number. Similarly, the system also generates entries in the Part II table for service tax exemption payable and assigns new register type X. The system generates entries in the Part II table for service tax utilization wit