https://help.tallysolutions.com/docs/te9rel64/Tax_India/excise-dealer/ed-stk-trf.htm

Recording Stock Transfer Outward and Inward (Excise for Dealer)

To transfer stock between two units of a business registered as excise dealer, ensure atleast two godowns linked to two tax units have to be created in the data.

Stock Transfer Outward

Stock Transfer Inward

In case where a business is registered as excise Dealer and Manufacturer, two separate tax units have to be created.

When goods are moved from dealer unit to manufacturing unit for further processing, a Material Out invoice has to be recorded by selecting the tax unit predefined with Dealer registration. The duty gets passed on. Duty ledger should not be selected here.

On receipt of goods into the Manufacturing unit from dealer unit, a Material In invoice has to be recorded by selecting:

o The tax unit predefined with Manufacturer registration

o Excise duty ledger and entering the duty amount.

As the duty ledger is selected in the Material In invoice recorded for goods received into manufacturer unit, the message appears to prompt user to record journal voucher for availing CENVAT credit. On recording the journal voucher, the CENVAT credit gets accounted for in the books of manufacturer unit.

Once the goods are manufactured, if they have to be moved into dealer unit, an excise purchase invoice has to be recorded by selecting:

o Tax unit predefined with Dealer registration.

o Basic Excise Duty ledger.

Since the purchase is made directly from the manufacturing unit, the dealer's stage gets considered as First Stage Dealer. Hence, this duty can be passed on to another registered dealer or manufacturer.

Stock Transfer Outward - Material Out Invoice

To record a material out voucher

1. Go to Gateway of Tally > Inventory Vouchers > Press Ctrl+J . On enabling excise, the material out invoice will be considered for Excise .

2. Enter the reference number in Ref field.

3. Select the required Tax Unit .

4. Select the branch ledger grouped under Branch/Divisions in Party’s A/c Name option.

5. Set the Destination Godown to Not Applicable .

6. Select the stock item to view the Supplier Details screen and provide the required details.

7. Select the Godown , enter the Quantity and Rate to display the amount in the Stock Item Allocation screen.

8. Accept the Material Out invoice.

Click here for procedure to print Material Out invoice in Rule 11 invoice format.

Stock Transfer Inward - Material In Invoice

To record a material in voucher

1. Go to Gateway of Tally > Inventory Vouchers > Press Ctrl+W . On enabling excise for dealer feature, the Material In invoice will be considered for Excise .

2. Select the required Tax Unit .

3. Select the branch ledger grouped under Branch/Divisions in Party’s A/c Name option.

4. Select the Nature of Purchase i n the Party Details screen.

5. Set the option Source Godown to Not Applicable .

6. S elect the required stock item .

7. Select the Godown , enter the Quantity and Rate in the Stock Item Allocation screen.

8. Provide the required details in Excise Details screen.

9. Accept the Material In invoice.

Note: If the Tax Unit selected in Material In invoice is predefined with Manufacturer registration type,

(i) Select the Basic Excise Duty ledger and enter the amount.

(ii) Click Yes when the message Avail Cenvat Credit appears.

(iii) Accept the journal voucher created with the transaction for availing the Cenvat credit.