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Configure Masters in TallyPrime (Excise for Manufacturer)

You can configure masters in TallyPrime that are used in recording excise manufacturer transactions to meet your business requirement.

Configuring Selection of Tariff Type

1. Press F11 (Features) > set Enable Excise to Yes.
2. If you do not see this option:
   • Set Show more features to Yes.
   • Set Show all features to Yes.
3. In the Excise Registration Details screen, set the option Set/alter excise tariff details to Yes
4. Press F12 (Configure) > set the option Enable selection of Tariff Type to Yes.
5. Press Ctrl+A to accept.

Calculating Duty Based on MRP

1. In the Excise Registration Details screen, set the option Set/alter excise tariff details to Yes
2. Press F12 (Configure) in the Excise Tariff Details screen.
3. Set the option Enable Tax based on MRP to Yes.
4. Press Ctrl+A to accept.
5. Enable the option Calculate Duty on MRP in the Excise classification creation screen.
6. Enter the Abatement %, as required.

Note: If the option Calc Duty on MRP is set to No, then the cursor skips the field Abatement%.

Selecting Multiple Duty Details

When an excise stock item attracts multiple duties, the details for each type of duty can be defined in the tariff.

To define multiple duty details

1. In the Excise Registration Details screen, set the option Set/alter excise tariff details to Yes
2. Press F12 (Configure) in the Excise Tariff Details screen.
3. Enable the option Enable multiple selection of Duty details.
4. Enable this option Override Valuation type for Duty Head  to change the Valuation Type which is preset for the tariff.
5. Enable the option Enable notification details, if required.

   Note: If the option Enable multi selection of Duty Details is set to No, then the cursor skips the fields Override Valuation Type for Duty Head and Enable notification details.

6. Press Ctrl+A to accept.
7. Select the Type of Duty and set the Valuation Type, Rate and Notification details.
8. Press Enter to save.
9. Select the Type of Duty and define duty details.
   
   

   Valuation Type	Valuation Type	Basis of Calculation
   Ad Valorem	Value	Rate%
   Ad Quantum	Quantity	Rate per unit
   Valorem + Quantum	Combination value and quantity	Rate% and Rate per unit

Configuring Modification of Nature of Removal

Based on the state specified in the party’s address, the nature of purchase is selected. For example, if the party’s state is the same as the company’s, the nature of purchase is by default set to Domestic. The default nature of purchase can be modified by the user when required.

1. Gateway of Tally > Alter > Ledger > select any party ledger
   Alternatively, press Alt+G (Go To) > Alter Master > type or select Ledger > select any party ledger
2. Set the option Set/Alter excise details to Yes
3. Press F12 (Configure) in the Excise Details screen.
4. Set the option Allow selection of nature of removal to Yes in the Configuration screen.
5. Press Ctrl+A to accept.
6. Select the Nature of Removal, as required in the Excise Details screen.

   Note: The option Allow selection of nature of removal is enabled by default.

Recording the Excise Registration Details

To Record the Registration Details in a Party Ledger

1. Gateway of Tally > Alter > Ledger > select any party ledger
   Alternatively, press Alt+G (Go To) > Alter Master >type or select Ledger > select any party ledger
2. Set the option Set/Alter excise details to Yes
3. Press F12 (Configure) in the Excise Details screen.
4. Set the option Allow Importer’s ECC to Yes if the party is an importer.
5. Press Ctrl+A to accept.
6. Enter the Registration Info. of the party.

Defining Excise Details Based on the Date of Applicability

1. Press F11 (Features) > set the option Enable Excise to Yes.
2. Set the option Set/alter excise tariff details to Yes.
3. Press Alt+W (Details) in the Excise Tariff Details screen.
4. Enter the date in Applicable From, from which the excise details are applicable.
5. Enter the Tariff name for which the excise details are being recorded.
6. Enter the HSN code.
7. Select Reporting UoM.
8. Select the required Types of Tariff. If the Type of tariff selected is Non-Dutiable, then enter details for the next period.
9. If the Types of Tariff is Dutiable, then select required Valuation type.
10. Enable the option Calculate Duty on MRP, if the duty has to be calculated on the MRP value.
11. Enter the Abatement Rate, as required.

    Note: If the option Calculate duty on MRP is set to No, then the cursor skips the field Abatement Rate.

12. Enable Set/alter Duty Details to enter Excise Tariff Duty Details.
    To record excise tariff duty details
    1. Press Spacebar on the field Duty Head.
    2. Select the required Excise Duty Classification.
    3. Select the Valuation type.
    4. Enter Rate% if the valuation type is Ad Valorem. Enter Rate per unit if the valuation type selected is Ad Quantum. Enter both Rate% and Rate per Unit if the valuation type is Valorem+Quantum.
    5. Enter Notification No. and Notification Serial No.
    6. Select another duty head and enter duty details, as required.
    7. Press Enter to save.
13. Press Enter to save.