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Creating Excise Classification (Excise for Dealer)

Excise classification is the excise tariff master in which details of tariff, duty, notifications, and so on can be provided.

To create an Excise Classification

1.    Go to Gateway of Tally > Inventory Info. > Excise Classification > Create.

2.    Enter the Name of the excise tariff.

3.    Enter the HSN code of the tariff.

4.    Select the Reporting Unit of measure from the list displayed.

5.    Select the Valuation type. The Valuation Type is preset to Ad Valorem which can be changed as per requirement.

6.    Enter the Rate of duty.

7.    Accept the Excise Classification Creation screen.

Click here to configure the Excise Classification master with additional details.