© Tally Solutions Pvt. Ltd. All Rights Reserved Excise for Manufacturers

© Tally Solutions Pvt. Ltd. All Rights Reserved

Excise for Manufacturers

© Tally Solutions Pvt. Ltd. All Rights Reserved 2 2© Tally Solutions Pvt. Ltd. All Rights Reserved

Excise for Manufacturers

Multiple Invoice Books

One Company-

Multiple

Excise Units

Purchases

(Raw Material/

Capital Goods)

Purchase Returns

(Rule 11 Invoice)

Captive Consumption

Avail/ Adjust / Reverse

CENVAT Credit

Pay Advance

Excise Duty

GAR -7 Challan

Sales Domestic &

Export - Rule 11 Invoice


Features of Excise for Manufacturers

• Manage excise duty computation for multiple units in single company

• Accurate excise duty calculation• Compute and pay right amount on time• Meets excise regulatory norms• Excise, Statutory and MIS reports


Manage Multiple Units in Single Company

• In a single company you can manage: • Multiple manufacturer units

• Combination of manufacturer and dealer units

• Facilitates excise unit-wise recording and tracking transaction


Accurate Excise Duty Calculation

• Excise duty calculation based on • MRP

• Ad Valorem

• MRP based

• Valorem + Quantum

• Ad Quantum or

• Nature of Purchase like manufacturer, importers, dealers etc.

• Provision to apportion the expenses to individual stock Items

• Provision to alter rate of duty for exemptions


Compute and Pay right amount on time

• Avail CENVAT credit during purchases or later • Partial

• Full

• Pay advance excise duty and adjust towards duty payable

• Adjust CENVAT credit against• Service Tax

• Excise Duty

• Reverse the Availed CENVAT Credit

• Excise computation at the click of a button

• Pre-filled GAR- 7 Challan for easy payment


Meets Excise regulatory norms

• Maintain more than one Excise invoice book to record:• Domestic Sales

• Exports (Duty Free) and Exports (Duty Chargeable)

• Exempt

• Captive Consumption (for further production of Goods)

• Special Rate in separate invoice book

• Generate Rule 11 invoice for:• Sales

• Purchase Returns


Excise Reports - 1

• Excise Computation

• Daily Stock Register (RG -1 Register)

• PLA Register

• PLA Summary

• Form ER 1

• Form ER 3

• Form ER 5

• Form ER 6

• Form ER 8


Excise Reports - 2

• CENVAT Registers • Credit Summary

• Credit Availed

• RG 23 Part I – for Principal Inputs and Capital Goods

• RG 23 Part II – for Principal Inputs and Capital Goods

• Annexure – 10 - for Principal Inputs and Capital Goods

• Abstract - for Principal Inputs and Capital Goods

• E-Return

© Tally Solutions Pvt. Ltd. All Rights Reserved

Thank you

Tally Solutions Pvt. Ltd.

331 - 336, Raheja Arcade

Koramangala

Bangalore - 560 095

Tel : +91 (80) 30282559

Fax : +91 (80) 30287329

Email: [email protected]

Documents

© Tally Solutions Pvt. Ltd. All Rights Reserved Excise for Manufacturers