Understanding Calculation of Duty Liability for Personal Consumption of Manufactured Goods

You must account for personal consumption of manufactured goods to calculate the duty credit offset. To generate stock transfers to account for the goods:

  • Define a branch/plant for personal consumption.

  • Use the Item used For Personal Consumption program (P75I309) to process a stock transfer from the manufacturing branch/plant to the personal consumption branch/plant.

    Set the processing option to indicate manufactured items. There is no actual movement of goods.

  • Process an inventory issue from the personal consumption branch/plant in the amount of the consumed goods to reduce the available quantity in the branch/plant.