Enabling Excise for Manufacturer in Tally.ERP 9

 

Enabling Excise

You can enable Excise in Tally.ERP 9, in the F11: Features screen.

Go to Gateway of Tally > F11: Features > Statutory & Taxation

 

The Excise Registration Details sub-form is displayed as shown.

  1.  Registration Type: Selects Manufacturer from Registration Types list

  2. Address, Telephone No and PIN Code: Address, Telephone No. and PIN Code details are captured from the company creation screen. If required, it can be altered.

  3. Excise Details: Under this section provide Excise Details of the unit. Excise Details will be specific to the Registration Type selected.

Note: Registration Type selected will be displayed below the heading – Excise Details to identify the unit as a manufacturer or a dealer.

Note: Name entered in the Unit Mailing Name will be used in all Excise Reports.

 

Note: Large Tax Payers are those assessees who pay large amount of Tax. They are the eligible taxpayer for the purposes of being served by the LTU. For e.g.: Rs.5,00,00,000

 

Large Tax Unit is self-contained tax office under the Department of Revenue acting as a single window clearance point for all matters relating to Central Excise, Income Tax/ Corporate Tax and Service Tax. Eligible Tax Payers who opt for assessment in LTU shall be able to file their excise return, direct taxes returns and service tax return at such LTUs and for all practical purposes will be assessed to all these taxes there under. These units are being equipped with modern facilities and trained manpower to assist the tax payers in all matters relating direct and indirect tax/ duty payments, filing of documents and returns, claim of rebates/ refunds, settlement of disputes etc.

 

Large Tax Unit location Code for Bangalore is L–10000

 

More information on LTU is available on – http://www.cbec.gov.in/cae1-english.htm

ABC - Denotes Company Name.

Rule 11: Denotes that invoice book is maintained as per Rule 11 of Central Excise Rules, 2002

Book1: Stands for Book Number, which is allowed for the current financial year

          08-09: Denotes the financial year.

Note: Automatic (Manual Override) method of numbering assures the Rule 11 requirement of maintaining invoices serially numbered and sequence of numbering.

This section user can set the dates to restart the voucher number by defining the types of period (Daily, Monthly, Never, weekly or Yearly).

In Tally.ERP 9 user can create more than one Excise Book Name for the same company or Unit. But, as per Rule 11 of Central Excise Rules, 2001 only one invoice book shall be in use at a time. A unit can maintain more than one invoice book if it is allowed by the Deputy/Assistant Commissioner of Central Excise.

To create more serial numbers, user can follow the above said procedure or he can directly create the serial numbers from the option Serial Number in Accounts info menu.

Note: The option Serial Number will be displayed in Accounts Info. menu only when the Excise Feature is enabled and the Registration Type of the Company/Unit is selected as Manufacturer. Serial Number option can be used to create or alter the serial numbers.

  1. Other Details: In this section enter Range, Division and Commissionerate details

  2. Range: Enter the code Name and Address of the range under which your company is registered.

  3. Code: Enter Range Code as 090308

  4. Name: Enter Range Name as Electronic City

  5. Address: Enter the Range Address

  6. Division: Enter the code Name and Address of the division under which your company is registered.

  7. Code: Enter Division Code as 0903

  8. Name: Enter Division Name as Division III

  9. Address: Enter the Division Address

  10. Commissionerate: Enter the code Name and Address of the Commissionerate under which your company is registered.

  11. Code: Enter Commissionerate Code as 09

  12. Name: Enter Commissionerate Name as Bangalore I

  13. Address: Enter the Commissionerate Address

 

  1.  Press Enter to accept and save Excise Registration Details.

Enabling VAT

To enable VAT Feature for a company

  1. Set the option Enable Value Added Tax (VAT) to Yes

  1. Enable the option Set/Alter VAT Details to Yes

  2. Specify the Company VAT Details as shown.

 

Entering Tax Information

  1. Enter VAT TIN e.g. 11004578121

  2. Enter Inter–state Sales Tax Number e.g. 42514878240

  3. Enter Company’s PAN / Income – Tax No. e.g. AAPCA2149R

 

  1. Press Enter to accept and save.

To Create Multiple Excise Units

In Tally.ERP 9 in the same company user can create more than one Excise Unit. To create more than one excise unit

Step 1: In F11: Features > F2: Inventory Feature

Step 2: Create Excise Units

Go to Gateway of Tally > Inventory Info. > Godowns / Excise Units > Create