ABC Company sold Oval Eye Glasses model T1234 to Lotus Opticals, and the details of the transaction are as below:
Stock Item |
Quantity |
Rate |
Oval Eyegalsses (T1234) |
250 nos. |
Rs. 6500/ no. |
Basic Excise Duty of 12.5% is applicable on the sales transaction.
To record excise sales transaction
Go to Gateway of Tally > Accounting Vouchers > F8: Sales.
Select ABC Company as the Tax Unit. The Excise Book Name and the Rule 11 Serial No are displayed automatically.
Enter details as shown in the image below:
Printing the excise sales invoice will generate the rule 11 invoice.
To generate the rule 11 invoice
Click P: Print from the excise sales invoice.
Press Enter in the Voucher Printing screen.
'Recording Sale of Excisable Goods (Excise for Manufacturer)' has been shared with