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Excise India/User Documentation

Contents

Introduction

Excise Duty refers to an indirect type of taxation imposed on the manufacture, sale or use of certain types of goods and products. It is an ad valorem tax (VAT) - credit is provided for tax paid on purchase and is managed by Central Board of Excise and Customs.

Functionality for excise include

Functionality exclusive to excise are provided in this module - details are provided in User manual .

Installation

This module is installed once the Professional Pack is installed.

Dataset Application

This module contains a set of "Excise Categories" and their corresponding Subheading which populates the "Excise Category" window.

This reference data can be applied either at Client level or at Organization level as explained here: India Excise.


Configuration

Content of the module

Once installed this module creates a new folder named "Excise" under India Localization menu.

To check the contents of the Excise sub-menu go to Financial Management -> India Localization ->Excise.

Contentsex1.jpg

In India, Excise and Service Tax are filled under the same tax department. For additional information, please visit this url: http://www.cbec.gov.in/.

This module provides the "ER1 Report" required by the Government of India.
Same way, the user also needs to fill in the "Annexure 10" along with the ER1 Report, therefore "ER1 Central Excise" and "ER1 Service Tax" reports are also provide to allow "Annexure 10" to be filled in.

ER1 Report

Configuration

Production Setup

Go to Application -> Production Management -> Setup and create following

ER Section.png

ER WorkCenter.png

ER ProcessPlan.png

ER Activity.png


Product:

To create a product login as an Administrator of your client. Go to Master Data Management->Product or just type "Product" in the Quick Launch window.

Product should be created with following features as shown below:

Product Excise.png

Production Transactions

Setup the following


Workreq1.png


Workreq2.png


Workreq5.png


Workreq3.png


Workreq9.png


Workreq6.png


of what??????

Usability

ER1 Report includes....., therefore the source of information is ........which do include.....


This report can be launched by following below detailed steps:

  1. Login as the Administrator of your client.
  2. Go to Financial Management -> India Localization -> Excise -> ER1 Report or just type "ER1 Report" in the Quick Launch window.
  3. The report is displayed as below.

ER1Report1.png

The details of the report are:

ER1 Service Tax

This report provides information to fill in the details in Annexure 10.
Government of India needs to know the Total Service Tax to be split into Service Tax, Education Cess and Secondary and Higher Education Cess.

Configuration


RG23 A PART1

It is a Stock Register for Raw materials.

Go to Financial Management -> India Localization -> Excise -> RG23 A PART1 or just type "RG23 A PART1" in the Quick Launch window.

RG23APART1 PARAMS.png

RG23APART1 REPORT.png

Issued for clearance as such : on payment of duty

RG23 C PART 1

It is a Stock Register for Capital Goods.

Go to Financial Management -> India Localization -> Excise -> RG23 C PART1 or just type "RG23 C PART1" in the Quick Launch window.


RG23CPART1 PARAMS.png

RG23CPART1 REPORT.png

Issued for clearance as such : on payment of duty

RG23 A PART 11

RG23 A Part II is the register for Cenvat Credit

RG23APART11 PARAMS.png RG23APART11 REPORT.png

FRESH CREDIT ALLOWED (7) AMOUNT OF DUTY CREDITED

DEBIT ( 9 To 11 )

BALANCE OF CREDIT

RG23 C PART 11

RG23 C Part-II is register of cenvat credit on capital goods.


Go to Financial Management -> India Localization -> Excise -> RG23 C PART 11 or just type "RG23 C PART 11" in the Quick Launch window.

RG23CPART11 PARAMS.png RG23CPART11 REPORT.png

FRESH CREDIT ALLOWED (7) AMOUNT OF DUTY CREDITED

DEBIT ( 9 To 11 )

BALANCE OF CREDIT

PLA Register Report

Go to Financial Management -> India Localization -> Excise -> PLA Register Report or just type "PLA Register Report" in the Quick Launch window.

PLAREGISTER PARAMS.png PLAREGISTER REPORT.png

AMOUNT OF FRESH CREDIT ALLOWED

Total credit available

and Excise Duty credited on each transaction.

DEBIT

Balance of Credit Available

Excise Setup

In Excise setup, the input tax accounts and output tax accounts will be configured. Only one excise setup can be configured of each Excise Credit Type for each Organization.

Go to Financial Management -> India Localization -> Excise -> Excise Setup or just type "Excise Setup" in the Quick Launch window.

Excisesetup3.png

Excise Credit Adjustment

Go to Financial Management -> India Localization -> Excise -> Excise Credit Adjustment or just type "Excise Credit Adjustment" in the Quick Launch window.

Excisead1.png

Excisead2.png

Excisead3.png

Excisead4.png

Excisead5.png

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