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Accounting for Excise on Actual and Billed Quantity (Excise for Manufacturer)

In an excise invoice, the actual quantity may include stock items which are free of cost. Billed quantity in such invoices excludes the stock items which are given for free. Excise duty is charged on the actual quantity, regardless of the billed quantity. However, you can change the assessable value in the invoice.

  1. Click F12: Configure in excise sales invoice.
  2. Enable the option Modify Tax Rate details for Excise.
    • In case you did not find the above option, enable Show more configurations and Show all configurations
  3. Press Ctrl+A to save.

In the excise sales invoice, press Enter from the Amount column to view the Excise Assessable Value screen and enter the required assessable value for excise duty calculation.

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