What is excise duty claim in SAP IS-OIL-DS-TDP - Tariffs, Duties and Permits?

SAP Term: excise duty claim

• Component: IS-OIL-DS-TDP

• Component Name: Tariffs, Duties and Permits

• Description: An Excise Duty Claim will generally be posted for material movements from tax status "taxed" to tax status "untaxed" e.g. from a duty-paid to a duty-free location.

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• Key Concepts: 
  Excise duty claim is a process in SAP IS-OIL-DS-TDP Tariffs, Duties and Permits module that allows companies to claim back the excise duty paid on goods. This process is used when goods are sold to customers who are exempt from paying excise duty. 
  
  How to use it: 
  To use the excise duty claim process, companies must first create an excise duty claim document. This document contains information about the goods, the customer, and the amount of excise duty paid. Once the document is created, it must be approved by the relevant authorities before the company can receive a refund. 
  
  Tips & Tricks: 
  It is important to ensure that all documents related to the excise duty claim are accurate and up-to-date. This will help to ensure that the process runs smoothly and that any refunds are received quickly. 
  
  Related Information: 
  The SAP IS-OIL-DS-TDP Tariffs, Duties and Permits module also includes other processes related to excise duties, such as calculating excise duty rates and creating excise duty invoices.