(IND) Incentive scheme parameters (form)

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Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2

Click General ledger > Setup > General ledger parameters. In the left pane, click Sales tax, and then, on the General FastTab, in the EXIM field group, select the Activate incentive schemes check box. At the top of the General FastTab, click the Incentive schemes button.

You can use this form to activate incentive schemes, and to set up the parameters to post Advance Authorization, Duty Free Import Authorization, Export Promotion Capital Goods, and Duty Drawback transactions.

Tasks that use this form

(IND) Set up general ledger parameters for an EXIM AA incentive scheme

(IND) Set up general ledger parameters for the duty drawback (DBK) incentive scheme

(IND) Set up incentive scheme parameters for DFIA

(IND) Set up general ledger parameters for the EPCG incentive scheme

The following tables provide descriptions for the controls in this form.

Link

Description

Advance Authorization

Activate the Advance Authorization (AA) incentive scheme, and set up the incentive scheme parameters.

DFIA

Activate the Duty Free Import Authorization (DFIA) incentive scheme, and set up the incentive scheme parameters.

EPCG

Activate the Export Promotion Capital Goods (EPCG) incentive scheme, and set up the incentive scheme parameters.

DBK

Activate the Duty Drawback (DBK) incentive scheme, and set up the incentive scheme parameters.

Number sequences

Set up the number sequencing for Export-Import (EXIM) incentive schemes.

Fields

Field

Description

Advance Authorization

Select this check box to activate the AA incentive scheme and enable related fields.

Period interval

Select the validity period for the incentive scheme. Authorizations are valid for intervals that are measured in days, months, or years.

Period

Enter the number of intervals for the import and export validity period.

Assessable value pct.

Enter the percentage that is applied to the assessable value of goods when the amount of duty that is payable is calculated.

Post financial voucher

Select this check box to post the financial entries for the exempt duty amount.

Benefit account

Select the ledger account to which the exempt duty amount is posted.

Allow purchase

Select this check box to allow an authorization to be purchased on the open market.

Allow sale

Select this check box to allow an authorization to be sold on the open market.

Duty Free Import Authorization

Select this check box to activate the DFIA incentive scheme and enable related fields.

Export Promotion Capital Goods

Select this check box to activate the EPCG incentive scheme and enable related fields.

Basis

Select the basis for deriving the export obligation for the EPCG license.

CIF factor

Enter the cost, insurance, and freight (CIF) factor to use to calculate the export obligation.

Maximum utilization pct.

Enter the percentage to use to calculate the maximum allowable import value.

For example, if the allowable import value under an EPCG license is 10,000 USD, and the Maximum utilization pct. is 10 percent, the maximum allowable import value is calculated as (10,000 +10,000 X .10) = 11,000.

Use customs exchange rate

Select this check box to derive the import value and export obligation amount based on the customs exchange rate.

Enable technology upgrade

Select this check box to activate the technology upgrade process for the EPCG scheme.

In the Technology upgrade field group, the Period interval field displays Years by default.

Minimum period

Enter the minimum period of use for the technology upgrade.

Minimum export pct.

Enter the minimum export percentage to be met for the technology upgrade.

Duty drawback

Select this check box to activate the duty drawback (DBK) incentive scheme and enable related fields.

Receivable account

Select a receivable ledger account to post the transactions to when you apply for the duty drawback.

Minimum pct. for duty drawback

Enter the minimum percentage of the Free On Board (FOB) value to claim duty drawback for.

Minimum amount for duty drawback

Enter the minimum amount of the FOB value to claim duty drawback for.

Number sequence code

Select the number sequence for each item that appears in the Reference column. Reference information for each row appears at the top of the form.

See also

(IND) About EXIM duty drawback (DBK) incentive schemes

(IND) General ledger parameters (modified form)

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