Enabling multiple excise units
Recording Importer Exporter Code (IEC)
Creating or modifying Rule 11 book
Enabling RG23D Register
Creating different tariff types
Each premise or unit has to be registered under the Central Board of Excise and Customs department. If a manufacturer owns more than one premise, then each unit has to be registered individually.
Tally.ERP 9 allows you to create and maintain multiple excise units.
Click F12: Configure from the Excise Registration Details screen.
Set the option Allow Multi Excise Unit to Yes.
Press Ctrl+A to save the configuration.
You can now create multiple tax units, and record excise registration details of each unit.
Note: The excise unit defined in the Excise Registration Details screen will be considered as the default excise unit in Tally.ERP 9
Importer Exporter Code is a unique 10 digit number issued by the Director General of Foreign Trade, Ministry of Commerce. If the export or export is pertaining to trade, manufacture or agriculture, then IEC is mandatory.
To enter IEC
Click F12: Configure from the Excise Registration Details screen.
Set the option Allow IEC Code to Yes.
Press Ctrl+A to save the configuration.
Enter the IEC Code in the Additional Excise Details section of the Excise Registration screen.
When the registration type selected is Importer, the default rule 11 book gets created. As per business requirements, you can either create more rule 11 books or modify the default book.
To allow rule 11 book details
Click F12: Configure from the Excise Registration Details screen.
Enable the option Allow Rule 11 book details
Press Ctrl+A to save the configuration. The option Set/alter Rule-11 book details is available in the Excise registration screen.
Enable Set/ alter Rule-11 book details to configure the default book, or create a new rule 11 book.
RG23D is a register that should be maintained by business establishments involved in importing and selling goods and materials. For any item that is purchased the company has to enter details in separate pages in an RG23D register.
To enable RG23D numbering,
Click F12: Configure from the Excise Registration Details screen.
Enable the option Allow RG23D Numbering
Press Ctrl+A to save the configuration. The option Set/alter RG23D details is available in the Excise registration screen.
Enable Set/ alter RG23D details to configure the register.
Enter the Prefix and the Suffix for the register numbering. These can be alphabetic or numeric. There is no fixed format. The entered details will be captured in the transactions.
The configurations related to excise for importers at company level include:
Allow selection of Tariff Type?
Goods are of two types:
Dutiable : The ones that are taxable
Non-Dutiable: The goods that are exempt from taxes.
To classify an item as dutiable or non- dutiable,
Enable the option Set/alter excise tariff details in the Excise Registration screen.
Click F12: Configure from the Excise Details screen.
Enable the option Enable selection of tariff type.
Press Ctrl+A to save the configuration. The option Type of tariff is now made available in the Excise Details screen.
Allow multi-selection of duty details?
For any given business, at any point of time there can be more one type of duty. For example, for importers, the duty can be basic excise duty, additional duty of imports and so on.
To enable multi-duty details,
Enable the option Set/alter excise tariff details in the Excise Registration screen.
Click F12: Configure from the Excise Details screen.
Enable the option Enable multi-selection of duty details.
Press Ctrl+A to save the configuration. The required duties can now be created under Type of Duty.
Override valuation type for duty head?
Sometimes there can be items which have valuation types different from that of the valuation type of the duty. For example, the valuation type of the type is ad quantum while the valuation type of the duty is ad valorem.
To record different valuation types:
Enable the option Set/alter excise tariff details in the Excise Registration screen.
Click F12: Configure from the Excise Details screen.
Enable the option Override valuation type for duty head.
Press Ctrl+A to save the configuration. A new column titled Valuation Type now appears next to Type of Duty. Valuation type of the duty head when different from valuation type of the tariff item can be recorded here.