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Microsoft Dynamics AX (Archived)

Import Purchase order issue - GST India - Customs Duty is not calculating

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Posted on by

Hi,

While Import goods in India from other Country, Customs Duty is calculated.

As per the latest change of GST, IGST will be part of Customs Duty calculation.

Actual Customs duty calculation and IGST Calculation is Shown in the table below.

This Calculation is based on Bill of entry given by Customs authority in real transaction.

Actual Calculation in Indian Customs Duty Calculation

Sr.No

Particulars

Tax Rate

Amount(INR)

1

Assessable Value

--

1000000

2

Basic Customs Duty

7.50%

75000

3

Education Cess

2%

1500

4

Secondary Education Cess

1%

750

5

Subtotal

--

1077250

6

IGST

18%

193905

7

Total Amount

--

1271155

But, In AX-2012-R3,

IGST is calculated on Assessable Value and not on Sub-total.

You can refer the below table for AX-2012-R3 Calculation.

Calculation in Microsoft Dynamics AX-2012-R3

Sr.No

Particulars

Tax Rate

Amount(INR)

1

Assessable Value

--

1000000

2

Basic Customs Duty

7.50%

75000

3

Education Cess

2%

1500

4

Secondary Education Cess

1%

750

5

Subtotal

--

1077250

6

IGST

18%

180000

7

Total Amount

--

1257250

Is there any setup or configuration is missing by me? Or there is some bug in current version?

We are currently using VERSION-179 for GST, which is latest provided my Microsoft.

NOTE: NO FORMULLA DESIGNER OPTION FOR GST

*This post is locked for comments

I have the same question (0)
  • FatihKartal Profile Picture
    104 on at

    Hello Gajjar,

    Did you find a solution please tell me?

    And please tell me how did you enter the rate of IGST Custom, in the form I can not see the option for IGST rate.

    Best Regards

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