Tally.ERP 9’s simple yet powerful Excise feature enables you to record transactions related to Excise with ease. The Excise for manufacturer functionality in Tally.ERP 9 has the following features:
Simple and user-friendly
Quick and easy to set up and use
Allows Multiple Excise Registration (Manufacturer & Dealer) in Single Company
Create Tariff (HSN) / Commodity Code
Flexibility to have separate Unit of Measures for recording transactions and excise reporting
Item wise Valuation Methods (Valorem, Quantum, MRP)
Maintain Rule 11 Excise Invoice
Can apportion Expense / Income ledger value to calculate Assessable Value
Item wise Duty calculation for different Valuation Methods in single invoice
Generate Rule 11 invoice for Purchase Returns
Record Exempt, Export & Special Rate transactions
Avail Full / Partial CENVAT Credit on Inputs and Capital Goods/ Service Tax towards Duty payable
Reversal of CENVAT Credit
Print G.A.R. 7 Challan
Maintain Invoice Register
Maintain RG -1 register
Generate CENVAT Credit Register
Generate ER-1 & ER-3 returns
Maintain PLA Register
Excise Computation Report
Generate RG 23 Part II Reports for Inputs and Capital Goods
Generate Annexure -10 and Abstract reports