19. Template attributes for items under VAT and Excise Yes RECOVERABLE Finished Goods ITEM CLASS Yes APPLICABLE Value Added Tax No RECOVERABLE Finished Goods ITEM CLASS Yes APPLICABLE Vat Not Recoverable VAT Attribute Value Attributes Template Name Type Yes EXCISABLE No MODVATABLE Finished Goods India ITEM CLASS Yes TRADABLE Excise Tradable EXCISE
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27. Flow of Customs Duty on a PO in a trading Org Create a Tax Category Create PO and Apply Tax Category to PO and submit PO for approval Enter BOE Invoice Interface BOE with AP And generate AP Invoice Create a Receipt Apply the BOE amount to the receipt Verify the Registry Entry And accounting
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34. Flow of transactions on a SO in a trading Org Create a Tax Category for SO Enter SO and Apply Tax Category to a SO and Book Pick Release Match the delivery with Receipt Ship Confirm Generate Excise Invoice