Overview of Accounting Inbound Custom Charges and Allocating Costs

When goods are imported to India, you must calculate the inbound custom charges payable at the port of entry. On receipt of the goods at the destination, you must account the nonrecoverable taxes paid by the importer during the customs clearing to the material cost.

For information on how to account the inbound custom charges and allocate cost to imported items.

You'll learn how the inbound custom charges are accounted in the Oracle ERP Cloud and how the cost is allocated to imported items in this section.