How to: Calculate Countervailing Duty and Additional Duty of Customs VAT Using Purchase Orders
You can calculate Countervailing Duty (CVD) and Additional Duty of Customs (ADC) VAT using purchase orders and sales orders.
The following procedure describes how to calculate CVD and ADC VAT in purchase orders, but the same steps also apply to sales orders.
To calculate countervailing duty and additional duty of customs VAT using purchase orders
In the Search box, enter Purchase Orders, and then choose the related link.
Select the purchase order for which you want to calculate CVD and ADC VAT, and on the Home tab, in the Manage group, choose Edit.
On the General FastTab, fill in the required fields as described in the following table.
Field Description Structure
The structure for excise tax that is associated with the CVD setup.
Posting Date
The purchase order posting date.
On the Lines FastTab, fill in the required fields as described in the following table.
Field Description Type
The type of purchase order.
CIF Amount
The cost insurance and freight amount per unit.
BCD Amount
The basic custom duty amount per unit.
On the Actions tab, in the Functions group, choose Calculate Structure Values.
On the Actions tab, in the Posting group, choose Post.
In the dialog box, select one of the following options:
Receive
Invoice
Receive and Invoice
Choose OK.
See Also
Tasks
How to: Set Up Countervailing Duty