Central Sales Tax (CST)

Interstate sales and purchases in India attract a federal sales tax (central sales tax, CST). A reduced rate of CST is applicable as well, generally for trade or as raw materials, which then require that certain documents, called forms, exchange hands.

Acceasy supports these requirements:
• Inter-State sales against 'C' form
• Transit sales against 'E – I' and 'E – II' forms
• Branch transfers / Consignment sales against 'F' form
• Sales to SEZ units against Form I
• Foreign diplomats against Form J
• Deemed exports against Form H
• Interstate purchase transactions
• Inter-State sales of exempt goods
• Sale in the course of import

Required CST reports are available:
• CST computation
• CST returns & annexure

For control and reporting these reports are available:
• Forms Issuable
• Forms Receivable

You can send reminder letters to your customers asking for forms not yet received from them, as well as create covering letters to send along with forms to your suppliers.

Combined with TDS, TCS, VAT, FBT, Service Tax, Excise for Traders, Excise for Manufacturers and others, Acceasy comes with complete statutory taxation coverage.

Value Added Tax (VAT)

Acceasy has comprehensive support for the Value Added Tax (VAT) requirements of all the states and union territories (UT) of India. Coverage includes regular VAT, composite VAT, surcharge & cess on VAT, e-filing and more.

Service Tax

Acceasy delivers the necessary support for tax on services – Service Tax.

• You can track each service bills (bill-by-bill) and have service tax payable computed automatically
• Input tax credit is managed automatically
• Manual adjustments are supported
• Tax rates are picked up automatically, based on the service category
• Flexibility to make provisions for abatement, expenses and other notifications
• Generation & printing statutory service challans & other MIS reports
• Returns:
• GAR 7
• ST 3

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