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Country Version India

A Country Version is designed specifically to cater the business

operations of that country over and above the generic SAP system

functionalities. It comprises of functionalities designed for the laws and

business practices pertaining to the country.

The most country-specific functions for India relate to inancials and

!ogistics.

The main areas are as follows"

#$cise duty and the central value-added ta$ system %C#&VAT'

(ithholding ta$ %also )nown as ta$ deducted at source'

Sales ta$

*aintenance and printing of statutory e$cise registers

(ith +espect to Indian operation business central and state ,ov.

imposes different types of ta$ on organi ation as well individuals

A Country Version is designed specifically to cater the business

operations of that country over and above the generic SAP system

functionalities. It comprises of functionalities designed for the laws and

business practices pertaining to the country.

The most country-specific functions for India relate to inancials and

!ogistics.

The main areas are as follows"

#$cise duty and the central value-added ta$ system %C#&VAT'

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(ithholding ta$ %also )nown as ta$ deducted at source'

Sales ta$

*aintenance and printing of statutory e$cise registers

(ith +espect to Indian operation business central and state ,ov.

imposes different types of ta$ on organi ation as well individuals

Basic Excise Duty:- This is charged under section of the Central

#$cises and Salt Act/ 0122 on all e$cisable goods other than Salt which

are produced or manufactured in India at the rates set forth in the

Schedule to the Central #$cise Tariff Act/ 0134.

Additional Excise Duty: - Section of the 5Additional 6uties of

#$cise Act5 of 0147 permits the charge and collection of e$cise duty in

respect of the goods as listed in the schedule of this act. This ta$ is

shared between the central and state governments and charged

instead of sales ta$.

Special Excise Duty: - As per Section 7 of the inance Act/ 0173

Special #$cise 6uty was attracted on all e$cisable goods on which

there is a levy of 8asic #$cise 6uty under the Central #$cises 9 Salt

Act/ 0122.

Edu Cess & H.edu Cess:- education and :.edc cess is a ta$ collected

specifically for deployment in education and imposed by govt. to

promote higher education

What is Di erence !et"een Excise Duty And Sales tax:

Excise Duty: #his is the duty char$ed on all excisa!le $oods

other than salt "hich are produced or %anu actured in India

Sales #ax : Whene er there is sales then sales tax applica!le

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'(-I : ,inished (oods uantity and Value/

The finished goods %manufactured' and sales or stoc) transfer are

entered in the +, I +egister

+egister +, I is updated after creation of an e$cise invoice while

dispatching the goods from the factory premises with reference a

commercial invoice or a pro-forma invoice

'()*D: Depot %this indicates both the Buantity and the amount' Is

maintained by the e$cisable 6epot

Business 0rocess End 1ser Wor2

Di erent Sales 0rocess

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