CIN - Country Version India
Chapter six covers, CIN (Country India) Version, which covers treatment of India specific taxes like excise duty, service tax and VAT. CIN is integrated with every process of procurement (of raw material, capital goods, trading of finished goods etc) and inventory transfer between two excise groups. Chapter seven covers various business processes where these duties are applicable and need to be accounted for. Logical and sequential transactional flow and screen shots displaying details of tax treatment has been covered. Understanding of all the previous chapters is necessary to understand chapter seven and CIN Implementation Guide. CD covers implementation guide to configure CIN module.
Chapter six covers, CIN (Country India) Version, which covers treatment of India specific taxes like excise duty, service tax and VAT. CIN is integrated with every process of procurement (of raw material, capital goods, trading of finished goods etc) and inventory transfer between two excise groups. Chapter seven covers various business processes where these duties are applicable and need to be accounted for. Logical and sequential transactional flow and screen shots displaying details of tax treatment has been covered. Understanding of all the previous chapters is necessary to understand chapter seven and CIN Implementation Guide. CD covers implementation guide to configure CIN module.