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Excise for Manufacturer Select the required Option Introduction  to  Central Excise Excise for  Manufacturer  in   Tally.ERP
Introduction  to Central Excise
Central Excise ,[object Object],[object Object]
Excise duty is Applicable on?
Goods ,[object Object],[object Object]
The Goods which are Excisable ,[object Object],[object Object],CETA 1985 Must be mentioned in Central Excise Tariff Act
Manufactured / Produced in India* ,[object Object],Not Amounts to Manufacture Amounts to Manufacture
What is Manufacturing? …. ,[object Object],[object Object]
So… Excise duty is Applicable on? ,[object Object],[object Object],[object Object]
How Excise Duty is calculated ? ,[object Object],[object Object]
Rates specified as per “Classification” ,[object Object],[object Object],[object Object],[object Object],CETA 1985 Central Excise Tariff
“ Classification / Tariff….” ,[object Object],[object Object],[object Object]
Valuation of Goods (Assessable Value) ,[object Object],[object Object],[object Object],[object Object],[object Object]
When we have to pay Excise duty?
On removal ,[object Object],[object Object]
Removal under Rule 11 Invoice ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
CENVAT Credit (ModVAT) ,[object Object],[object Object],[object Object]
Type of Assessee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Q & A
Excise for Manufacturer in Tally.ERP
Steps to be followed for Excise for Manufacturer in Tally.ERP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Register Excise Unit / Factory ,[object Object],[object Object],[object Object],[object Object],[object Object],Step 1
Create Tariff / HSN ,[object Object],[object Object],[object Object],[object Object],Step 2
Create Raw Material & Finished Goods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 3
Create Voucher Types for Excise purpose ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 4
Create Supplier / Customer Ledgers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 5
Create Additional Expense Ledgers ,[object Object],[object Object],[object Object],[object Object],[object Object],Step 6
Create Excise Duty Ledgers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 7
Purchase Raw Materials ,[object Object],[object Object],[object Object],[object Object],[object Object],Step 8
Manufacture Finished Goods ,[object Object],[object Object],[object Object],Step 8….
Removal of Finished Goods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 8….
Utilising CENVAT Credit against Payable Excise Duty ,[object Object],[object Object],[object Object],Step 8….
Payment of Excise Duty (G.A.R. 7) ,[object Object],[object Object],[object Object],Step 8….
Q & A
Coming in next Release 1.x … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank You

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Excise For Manufacturer