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Date : 08.08.2011
1. All the contracts prepared for Inter state supplies at nil CST against
C forms needs to be amended before 16.08.2011. Please change the
alt tax classification in all such contracts to A instead of E. Procedure for
changing the same in SAP is given below :
YVA42
Enter the ship to party details and contract number
Enter
Go To Header billing change the alt tax classification to A
Save.
1. The state Finance after receiving the C form from the Sales Offices like
DO/AO/KAM, needs to verify the correctness of the form. In case the form
is not correct or complete, the same needs to be returned back for
rectification to the concerned customer controlling sales offices.
2. After receipt of correct and completed C form, state finance must
acknowledge the same in SAP by following below given system:
YCFORMS
Form Acknowledgement by State Finance Status F
Enter the Ship To Party code, Supplying State, Year and Quarter
Select the required line item
Receive Form at State Office Finance
Save
3. At present this authority has been given to State Finance Heads, any
further authorizations to be applied to CO(IS) through solution manager.
In case the Form Status in Concessional Form Master is D for a particular Ship
to Party for a particular contract, sales offices cannot change the form status
as C after receiving the completed C form alongwith acknowledged listing of
invoices. Such C form alongwith acknowledged listing of invoices to be sent
to State Finance of Supply Location. After ensuring the correctness of the
forms and submission of the form to the sales tax authority, without any
financial implication like interest, penalty etc., State Finance of supply
location to reverse the debit note raised for differential tax as per Point no.
7.7 of Circular ref. AC/HO/ST/35 dated 22.2.2010. Then State Finance of
supply location to change the Form Status to C as per Point no. 7.7 of Circular
ref. AC/HO/ST/35 dated 22.2.2010. The procedure to be followed in SAP is
given below
YCFORMS
Conversion of Form status from D to C State Finance Only
Fill the details : Ship To Party, Supplying Political State, Year and Quarter
Execute
Select the line item
Change Status to C
Save
Further, in this case, as the State Finance physically receives the Completed
C from, the procedure given in (B) above to acknowledge the C form to be
followed in SAP to make form status as F.