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.

To configure as a manufacturer of only 2% goods

1.    Click F12: Configure from the Excise registration details screen.

2.    Enable the option Enable as manufacturer of only 2% goods.

3.    Press Ctrl+A.

4.    Enable the option Deals only with 2% goods.

5.    Click L: Details to define the date of applicability for dealing with 2% goods.

6.    Enter the date in the field Applicable from.

7.    Select the Types of Manufacturer.

8.    Select Yes in the field Is 2% Goods.

9.    Set applicability details for the next period, if required.

10.  Press Enter to go to the Excise registration details screen.