Excise

• In an excise supplementary invoice, the tax analysis was displaying incorrect assessable value, item rate and excise duty value for the stock item, resolved: If  the stock item rate and the duty rate were modified in an excise supplementary invoice, and the button A: Tax Analysis was clicked, the assessable value, stock item rate, and duty were displayed incorrectly in the Tax Analysis screen. However, the VAT details were displayed correctly.

  Now, the Tax Details screen displays the assessable value, the stock item rate and the excise duty as entered in the excise supplementary invoice.

• Excise duty not being included in the VAT assessable value while recording a sales and purchase voucher, resolved: When recording a purchase or sales voucher, the excise duty, irrespective of being enabled as inclusive in the assessable value, was not getting included.

  Now, the excise duty in sales and purchase voucher is included as VAT assessable value by default.

• In a company with multiple excise tax units, entering CENVAT opening balance was not allowed, resolved: When multiple tax units was created in a company, the CENVAT opening balance was not getting captured.

  The CENVAT opening balance can now be recorded in a company with multiple tax units.

• Bill of entry number was not getting retained for excise for dealers, resolved: The bill of entry number entered while recording excise purchase entry was not getting retained when the F12: Configure option Allow Supplier Invoice Details was enabled or disabled.

  The bill of entry number is retained in sales invoice in excise for dealers on enabling or disabling the F12: Configure option.

• While recording excise or non-excise sales transaction, incorrect available quantity was displayed, resolved: This was occurring when data was migrated from earlier release to release 5.0 and the excise or non-excise sale transaction was re-accepted.

  Now, the correct available quantity is displayed along with the supplier’s invoice number under Supplier Details screen in excise or non-excise sale transactions.

• Excise duty on sales was being calculated on the entire assessable value of excise purchase linked using default bill allocation, resolved: In the Voucher Configuration screen of excise sales, if the option Use default for excise bill allocation was set to Yes, instead of calculating the excise duty on the proportionate assessable value of the linked excise purchase, the entire assessable value was being considered.

  Now, based on the assessable value of excise sales, proportionate assessable value of excise purchase is being considered for excise duty calculation.

• Excise duty on purchase was being calculated only on the first stock item when duty and assessable value were overridden for all the items in the invoice, resolved: While recording an excise purchase invoice with multiple stock items predefined with a specific rate of duty, if the rate of duty and assessable value were overridden for each stock item, the excise duty was being calculated only on the first stock item.

  Now, the rate of duty and assessable value manually overridden for each item in the invoice is considered for excise duty calculation. Also, the excise duty is calculated for each item selected in the invoice.

• When recording purchase from an importer, the Invoice/Bill of Entry No. not getting retained, resolved: On enabling the option Allow Supplier Invoice Details in the Purchase Configuration screen, the bill of entry number was getting replaced by the supplier invoice number.

  Now, on enabling the option Allow Supplier Invoice Details, the bill of entry number gets retained.

• The value of CST and excise duty for excise for manufacturers was not getting recalculated while tracking an excise sales order, resolved: While tracking a sales order in an excise sales invoice, changing the quantity or sales rate did not recalculate the excise duty amount.

  The values of CST and excise duty for excise for manufacturers now gets recalculated when tracking the sales excise order with a different quantity.

  As a workaround, while recording excise sales invoice, select the order from stock item instead of supplementary form and then select the excise duty and VAT ledgers.

• The notification no. entered on Rule 11 invoice for excise for manufacturers did not print, resolved: While recording an excise sales invoice, the Notification No. entered did not appear in the printed invoice.

• The issue of quantity of stock items for dealer excise not displaying automatically while recording excise sales invoice, resolved: While recording dealer excise invoice, the quantity of stock items defined in the Excise Details for screen was not getting automatically filled in Stock item allocation screen.

  Now, the pre-defined quantity of stock items appears automatically in the Stock items allocation screen while recording the dealer excise invoice.

• Statutory Info. option was appearing in Accounts Info. menu when F11: Statutory Features was not enabled, resolved: Statutory Info. option was appearing in the menu Accounts Info. when the F11: Statutory Features was not enabled.

  Now, the Statutory Info. option does not appear in the Accounts Info. menu when the statutory features are not enabled in F11: Statutory Features.

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