Configurations for Excise Details (Excise for Manufacturer)

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.

Recording Large Taxpayer Unit Details

Enabling 'as Manufacturer of only 2% goods'

If your business involves dealing with only goods taxable at 2%, then provision can be made to set this during excise registration.

Recording Export details

When the manufactured goods are removed from the premises, for export, without payment of excise duty, a letter of undertaking has to be issued by the assessee in the format prescribed. Alternatively, a bond can be executed for the same purpose. The details of the LUT or the bond can be entered while configuring excise registration details.

To record LUT Details

1. 1. 1. Click L:Details.
    2. Enter the period from which the LUT is applicable.
    3. Enter the LUT Number.
    4. Press Enter.
    5. Enter the applicability details for another period, if required.
    6. Press Enter to go to the Export Details screen.

To record Bond Details

1. 1. Click L:Details.
  2. Enter the period from which the Bond is applicable.
  3. Enter the Bond Number.
  4. Press Enter.
  5. Enter the applicability details for another period, if required.
  6. Press Enter to go to the Export Details screen.

Creating or Modifying Rule 11 Invoices

When the registration type selected is Manufacturer, 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 configure the default rule 11 book,

1. 1. 1. Press Ctrl+ Enter on the Default Book.
    2. Alter the book name and numbering details, as required.

Note: The fields Method of numbering, Prefill with zero, and Used For cannot be altered.

To create a new rule 11 book

1. 1. 1. Press Enter.
    2. Enter the Name of the new rule 11 book.
    3. Press Enter. By default the cursor skips the fields Method of Numbering and Prevent Duplicates.
    4. Enter the Starting number. This will be the first invoice number for this rule 11 book.
    5. Enter the Width of the numerical part, as required.
    6. Enable the option Prefill with zero, if required. This will automatically add zeroes before the invoice number. The number of zeroes included depends on the width of the numerical part.
      
      For example,
      Starting number is 1
      Width of the numerical part is 3
      The rule 11 invoices in the book will be numbered 001, 002, 003, etc.
    7. The field Used for is pre-filled with Rule-11 invoice. The cursor skips this field.
    8. Define the parameters for changing the invoice numbering periodically, if required.
      
      The invoice numbers can be renumbered periodically, and the format of the invoice numbers can be defined, as required.
      
      For example, to start renumbering the invoice every month, enter details as shown below:
      
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    9. Press Enter to save the Book Alteration screen.

Recording Jurisdiction Details

Details pertaining to range, division, and commisionerate to which the excise unit belongs to can be defined.

Enabling Multiple Excise Units

Each premise or manufacturing 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.

To enable the multi-excise unit feature

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