While recording sales transaction for direct export of excisable goods, you can print ARE-1 along with rule 11 invoice.
Consider a company that exports 100 numbers of jute bags at $50 per bag.
To record direct exports sales transaction
- Go to Gateway of Tally > Vouchers > press F8: Sales.
Alternatively, press Alt+G (Go To) >type or select Create Voucher > press F8: Sales
- Press Ctrl+H (Change Mode) > select Excise Invoice
- Enter Supplier invoice no., if required.
- Select the required Tax Unit. The Excise Book Name and the Rule 11 Serial No are captured by default.
- Select the party ledger in the field Party’s A/c Name. Enter the required details in Party Details screen.
- Select Export/LUT in Nature of Removal.
- Select a sales ledger where Set/Alter excise details? is not enabled.
- Select the required stock items whose excise rates are specified either at the stock group level, or at the stock item level.
- In the Stock Item Allocations screen,
- Enter Quantity and Rate.
- Enter the Rate of Exchange in the Forex Rate of Exchange screen.
- Press Enter to save.
- Enable Set/Alter ARE Details?. Enter the details as required in the form ARE Details sub-screen.
- Save the sales invoice.
The Rule 11 invoice will be generated in Indian rupees, while a separate commercial invoice can be generated in foreign currency.
- Set Print ARE-1 to No in the Voucher Printing screen.
- Select the other required details.
Note: The ARE-1 number will be captured in Rule 11 invoice.
In the Voucher Printing screen,
- Set Print ARE-1 to Yes.
- Enable the other required options.
Note: (i) If the goods are dispatched under Self Sealing and Certification, then the same needs to be certified accordingly. Hence, enable the option Show Self-sealing and Certification.
(ii) In case the manufacturer would like to mark the ARE-1 with the details as Export under EPCG/Advance License scheme, then the option Is Clearance under Export Promotion Scheme has to be set to Yes.