The excise for manufacturer features in Tally.ERP 9 helps you manage the your inventory and accounts for daily manufacturing operations.
The following unique features are provided for excise for manufacturer module.
● 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 23 Part I and Part II registers
● Generate CENVAT Credit Registers for Credit Summary and Credit Availed
● Generate ER 1 , ER 3 , ER 6 and ER 8 returns
● Maintain PLA Register
● Generate RG 23 Part II reports for Inputs and Capital Goods
● Generate Annexure -10 and Abstract reports
● Generate monthly reports for Form ER 1 and ER 6 and quarterly reports for Form ER 3 and ER 8
● Statistics of vouchers comprising of total voucher count with breakup of vouchers which are included for generating return, completely excluded as they do not participate in returns and uncertain due to incomplete information
● Breakup of CENVAT credit availed, CENVAT credit utilised in Form ER 1 and ER 3 (manufacturers registered as SSI) and payments
● Columnar details of stock items predefined as principal inputs in Form ER 6 report
● Breakup of assessable value, excise duty and payments in Form ER 8 report
● New master and transaction experience for excise with flexible and intuitive options to:
● Include or exclude transactions while filing returns
● Ease the data entry process
● Solve exceptions of transactions having incomplete information
Some of the benefits of Form ER 1 , ER 3 , ER 6 and ER 8 reports are as follows:
● A prospective or existing user of Tally.ERP 9 can generate the returns by accurate triangulation of data at any given point in time
● Overview of Form ER 1 , ER 6 , Form ER 3 and ER 8 reports with the following details:
● Statistics of vouchers comprising of total voucher count with breakup of vouchers which are included for generating return, completely excluded as they do not participate in returns and uncertain due to incomplete information
● Breakup of CENVAT credit availed, CENVAT credit utilised in Form ER 1 and ER 3 (manufacturers registered as SSI) and payments
● Columnar details of stock items predefined as principal inputs in Form ER 6 report
● Breakup of assessable value, excise duty and payments in Form ER 8 report
● The entire report, overview as well as all the all drill-down reports, provides all transaction details till the last level of voucher entry to the auditor
● User will have the confidence of being able to fill accurate information in the templates provided by department while filing the return