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Excise for Manufacturers (CENVAT)

Interstate sales and purchases in India attract a federal sales tax (central sales tax, CST). A reduced rate of CST is applicable as well, generally for trade or as raw materials, which then require that certain documents, called forms, exchange hands.

The Tally.ERP 9 excise support allows you to maintain required central excise records for multiple excise units of Dealers & Manufactures in a single company.

Ad valorem, Ad Quantum & MRP based Valuation methods for Excise duty calculation are fully supported, including for exempt & special rates.

Expenses / income can be apportioned for calculation of assessable value either by Value or by Quantity.

A single Excise invoice book can be maintained for all purposes of removals as per rule 11 requirement and an option is provided to maintain multiple Excise invoice books as well - the serial numbers of which can be generated as a single running series.

CEVAT credit during purchase entry can be avail fully or partially with the balance credit taken in a separate entry.

Service tax & CENVAT input credit can be utilised towards Excise duty payable.

These Excise Manufacturing Reports are available:

  • Personal Ledger Account (PLA)
  • ER1 - Monthly Return
  • GAR 7
  • Record of CENVAT Credit Allowable on Capital Goods (RG23 C Part II)
  • Records of CENVAT Credit Allowable on Inputs (RG23 A PartII)
  • Rule 11 Invoice
  • Daily Stock Account (RG 1 Register)
  • Sales Register

Combined with TDS, TCS, VAT, FBT, Service Tax, Excise for Dealers, Excise for Manufacturers and others, Tally.ERP 9 comes with complete statutory taxation coverage.

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