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30Hi Experts,
This query is related to India GST.
I am going to configure two warehouse in different sites,
one site will be linked to SEZ say site 100 and will linked with financial dimension 100.
Another site is regular non sez say 200 linked with financial dimension. GST registration will be mapped.
Now i have to suggest best solution for SEZ to Non SEZ site and vice versa.
This query is related to India GST.
I am going to configure two warehouse in different sites,
one site will be linked to SEZ say site 100 and will linked with financial dimension 100.
Another site is regular non sez say 200 linked with financial dimension. GST registration will be mapped.
Now i have to suggest best solution for SEZ to Non SEZ site and vice versa.
What is the best way, as from SEZ site will be no GST applicable while receiving it will be custom duty + GST applicable.
I have two option Transfer order (Stock transfer) as well as create dummy customer vendor.
For customer/vendor it allow me to select SEZ vendor and while customer sale i can select exempt sale but for purchase and sale there will be Cost of purchase invoiced and COGST entries will created. Also, while running inventory revaluation it will treat these transactions as sale/purchase and update COGS based on FIFO while keeping purchase at different price.
For customer/vendor it allow me to select SEZ vendor and while customer sale i can select exempt sale but for purchase and sale there will be Cost of purchase invoiced and COGST entries will created. Also, while running inventory revaluation it will treat these transactions as sale/purchase and update COGS based on FIFO while keeping purchase at different price.
For Transfer order (Stock transfer) the same hsn codes applicable. so it is not allowing me to sale from SEZ at zero value while receiving site to have GST + custom duty and charges. I am also not sure how will TO inventory revaluation work.
Could you please guide which solution is best b/w SEZ and Non SEZ. If i go with customer/vendor i need to create muilple dummy customer/vendor as lots of site. Is there any workarounds to use Transfer orders.
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