In Tally.ERP 9, you can record an excise purchase invoice to account for purchases made either from a dealer or from a manufacturer.
To record an excise purchase invoice for purchase from a dealer
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Press Ctrl+E to use it as an excise purchase invoice.
3. Click F12: Configure button.
o Set the option Allow modification of Tax Details for VAT? to Yes.
o Press Ctrl+A to save, and return to invoice.
4. Enter Supplier Invoice No. and Date.
5. Select the supplier in the Party’s A/c Name field.
o Select the Nature of Purchase in the Party Details screen.
o Press Ctrl+A to save, and return to invoice.
6. Select the purchase ledger grouped under Purchase Accounts. In the purchase ledger, ensure the options Is VAT/CST Applicable and Is Excise Applicable are set to Applicable.
o Select the required Nature of Transaction in the VAT Classification Details screen, and press Enter to display Excise Assessable Value screen.
o Enter excise duty rate in as Rate and item rate as Rate per Unit.
o Enter Notification Number and Notification Serial No. in the Excise Duty Details screen.
o Enter the assessable value for excise calculation in the Excise Assessable Value screen or retain the displayed value.
o Press Enter to return to the voucher.
7. Select the stock item and enter the Quantity and Rate.
8. Select the common VAT and additional tax ledger.
The purchase invoice appears as shown below:
9. Press Enter to save.
To record purchases made from manufacturer
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Press Ctrl+E to use it as an excise purchase invoice.
3. Click F12: Configure button.
o Set the option Allow modification of Tax Details for VAT? to Yes.
o Press Ctrl+A to save, and return to invoice.
4. Enter Supplier Invoice No. and Date.
5. Select the required Tax Unit.
6. Select the Party’s A/c Name from the List of Ledger Accounts.
o Select the Nature of Purchase as Manufacturer in the Party Details screen.
o Press Ctrl+A to save, and return to invoice.
7. Select the Purchase Ledger grouped under Purchase Accounts. In the purchase ledger, ensure the options Is VAT/CST Applicable and Is Excise Applicable are set to Applicable.
● Select the required Nature of Transaction in the VAT Classification Details screen, and press Enter.
8. Select the required stock item.
9. Select the Godown, enter the Quantity and Rate to display the amount in Stock Item Allocations screen.
Note: To change the Rate of Duty or Supplier Duty Amount which is internally calculated, click F12: Configure and enable the option Allow modification of Excise Details for Manufacturer. On pressing Enter from Amount field of the invoice, the Excise Details screen gets displayed to update the duty details and configure the required information.
10. Select the excise duty ledger.
11. Select the VAT ledger.
The purchase invoice appears as shown below:
12. Press Enter to save.
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