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Creating Tax Units (Excise for Manufacturer)

Excise manufacturers have to maintain excise tax units as per the CENVAT rules, and stock moving in and out of the stock unit has to be taxed. Tally.ERP 9 allows you to create tax units and same can be linked to godowns and excise units.

Create Tax Unit

Create Tax Unit

In order to create tax units, you need to enable the option Maintain multiple godowns? in F11: Features > Inventory Features and enable the option Enable excise? in F11: Features > Statutory Features.

To create a tax unit

1.    Go to Gateway of Tally > Accounts Info. > Statutory Info.> Tax Unit > Create.

2.    Enter Tax Unit Name.

3.    Enter the Address, State, Pin Code, and Telephone.

4.    Select Excise in the field Registered for.

5.    Enable the option Set/Alter Excise details.

6.    Press Enter.

The completed Tax Unit Creation screen appears as shown below:

7.    Press Enter to save.