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Set Excise Details in TallyPrime (Excise for Manufacturer)

Excise details such as tariff, non-dutiable classifications, MRP and so on can be configured at company level or as separate masters.

To set tariff details or excise details in TallyPrime, follow the stems given below.

1. Gateway of Tally > Create > type or select Excise Classification.
   Alternatively, press Alt+G (Go To) > Create Master > type or select Excise Classification.
2. Enter Tariff name.
3. Enter HSN code.
4. Select the Reporting unit of measure.
5. The cursor skips the field Valuation type. To modify it, press F12 (Configure) and enable the option Allow Modification of Valuation Type.
6. Enter the Rate of duty.
7. Press Enter to save.

To create non-dutiable classifications

1. Gateway of Tally > Create > type or select Excise Classification.
   Alternatively, press Alt+G (Go To) > Create Master > type or select Excise Classification.
2. Enter Tariff name.
3. Enter HSN code.
4. Select the Reporting unit of measure.
5. Select the Type of tariff as Non-Dutiable.
6. Press Enter to save.

You can record excise details based on the date of applicability for different periods, if required.

To modify valuation types when creating a dutiable tariff

1. Press F12 (Configure).
2. Enable the option Allow Modification of Valuation Type.
3. Press Ctrl+A to accept.
4. Select the Valuation Type, as required.

To configure tax on MRP

1. Press F12 (Configure).
2. Enable the option Allow tax based on MRP.
3. Press Ctrl+A to accept.
4. Set the option Calculate Duty on MRP in the Excise classification creation screen.