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Excise for Manufacturers (CENVAT) |
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Excise for Manufacturers (CENVAT)
The Acceasy excise support allows you to maintain required central excise records for multiple excise units of Traders & Manufactures in a single company. Ad valorem, Ad Quantum & MRP based Valuation methods for Excise duty calculation are fully supported, including for exempt & special rates. Expenses / income can be apportioned for calculation of assessable value either by Value or by Quantity. A single Excise invoice book can be maintained for all purposes of removals as per rule 11 requirement and an option is provided to maintain multiple Excise invoice books as well - the serial numbers of which can be generated as a single running series. CEVAT credit during purchase entry can be avail fully or partially with the balance credit taken in a separate entry. Service tax & CENVAT input credit can be utilised towards Excise duty payable. These Excise Manufacturing Reports are available: • Personal Ledger Account (PLA) • ER1 - Monthly Return • GAR 7 • CENVAT Credit on / Capital Goods Availed / Utilized Account • Record of CENVAT Credit Allowable on Capital Goods (RG23 C Part II) • Quantitative Account of Capital Goods on which CENVAT Credit Availed (RG23 C) • CENVAT Credit on Inputs availed / Utilised Account • Records of CENVAT Credit Allowable on Inputs (RG23 A PartII) • Quantitative Account of Inputs on which CENVAT Credit Availed (RG23 A) • Rule 11 Invoice • Daily Stock Account (RG 1 Register) • Sales Register
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