VTA / TVA Exemption in FI

Dear Guru's,

I have query for Exemption Certificate of VAT / TVA ...

we have a different scenario in MIRO ... Actually we calculate the VAT on the MIRO Amount and will be counted as Exemption and accordingly we issue the VAT certificate to the Vendors..

But my case is Different the VAT has to calculate on the Different Amount and has to get Exemption...

For Example  :

we raised a PO for 100 $ and VAT on this will be 10%  say ... total is 110.

here Vendor is supplying the Petrol..so we have a agreement with the Vendor for Supplying the stock @ 100 $. But vendor will produce the Invoice for 110 + 10% VAT on 110  = 11. but we will pay 100 for Stock and VAT on His bill.

so Totally we have to pay 100 + 11  ( According to Agreement 100 $ + VAT on his Bill 11 $).

So while Doing MIRO how should i calculate the VAT on the Vendor invoice.

you can ask me Why the vendor is submitting the invoice value more than the PO / Miro ...According to Agreement the Vendor will submit the Invoice value According to the price of stock on the day means Moving Average price will change to the Vendor for the OIL every Day so he will take the current spot market rate of oil on that day and we Have to pay the Agreed price(100$) + the TVA on the Vendor invoice Value....

Please let me know if your are confused or need more clarifications, Thanks for the Cooperation.

araghava.akella03@gmail.com

Kindly some one Address this issue ASAP.

Thanks & Rgds,

Sarat Chandra.