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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Excise Impact on Fixed...
Microsoft Dynamics AX (Archived)

Excise Impact on Fixed Asset Transfer (India Localisation)

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Posted on by Ashok Roy 395

Hi,

I would need guidance to handle this scenario -

My client has bought a fixed asset and claimed Excise credit for that purchase. After using the asset for a year, it removes the asset from the factory. The excise credit claimed needs to be reversed after deducting 2.5% per quarter.

Can you please let me know how to take care of this?

Thanks in Advance

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