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CENTRAL EXCISE AND SALES TAX

MM ConsultantSD ConsultantFI Consultant Job-Creation of Accounts and assignment ofaccounts

Central Excise is an Indirect Tax

This will be leied at the time of sales !remoal of goods"

Central Excise #egistration $lant wise

Central Excise #egistration -%& digits code !%' digits $A()&

digits Central Excise (o*"

Central Excise #ates are gien in Central Excise Tari+-

In Central Excise Tari+ we hae Cha,ter IDs- digits code-.nder Cha,ter ID material descri,tion and rate

Excise duties are classifed into 3 categoriesa) Basic excise duty BED) ! "ost o# t$e %roducts

co"e under t$is category & no' t$e (axi"u"rate is *+ and t$e (ini"u" rate is ,+-.) S%ecial Excise dutySED)! To.acco related

%roducts/0+ 1N BEDc) Additional Excise dutyAED)! again li"ited

%roducts li2e TEXTILES&+ on Base a"ount&No' no AED-

d) Education Cess ED cess) *+ and 4ig$er andSecondary Education cess S4EC) +&Total 3+

) CEN5AT Central Excise 5alue Added Tax)! Earlier(1D5AT)

/hen we ,a0 Excise Dut0 at the time of ,urchase1 the ExciseAmount can be ad2usted when we ,a0 Excise Dut0 on Salesto Excise De,artment !Though collected from customer"

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3" #435A-Excise Dut0 on consumables-%''6 Cenat can bead2usted in the same 0ear

#435A 7$art I- 8uantit0 .,dation#435A9$art II-:alue .,dation

5" #435C-Excise Dut0 on Ca,ital 4oods-&'6 Cenat can bead2usted in the current 0ear and &'6 Cenat in the next0ear

#435C7$art I- 8uantit0 .,dation#435C9$art II-:alue .,dation

;"$


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ii"#435A aBc Dr To Cenat Clearing aBc b"Inoice eri?cation4#BI# clearing dr %''Cenat clearing aBc dr :at receiable aBc dr &*;' To ,art0 %%5*;'

Ca,ital 4oods $urchases

a"In case of goods recei,t- 3 entries will be ,osted

i"Inentor0 Stores Dr 3'' To 4#BI# clearing aBc 3''

ii"#435C aBc Dr %' Cenat on old Dr %' To Cenat Clearing aBc 3'

b"Inoice eri?cation

4#BI# clearing dr 3''Cenat clearing aBc dr 3'

:at receiable aBc dr %% To ,art0 35%

SALES SCENARI1!

BASIC 6RICE999-9

9EXCISE RATE9+) 99-99

99-99

5AT :-+) ;-9*;-

9

%*In case of sales

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Customer aBc dr %3&*&' To Sales %'''*'' To Cenat sus,ense aBc %''*'' To :at ,a0able aBc %&*&'

3*In case of excise inoice creation

Cenat sus,ense aBc dr %'' To Excise dut0 ,a0able aBc %''

5*Ad2ustment of Excise ,a0able against rg35aBrg35c and ,la

Excise Dut0 ,a0able aBc dr %'' To #435A

To #435C %' To $ %;5*%'

The standard s0stem comes with two tax calculation,rocedures*

%* TAI(( 7 Condition =ased

3* TAI(J 7 Formula =ased

Client '''- /e hae both ,rocedures-

For (ew im,lementations SA$ suggests to go for TAI((-

(ATERIAL (ANA8E(ENT!

%*ACTI:ATE C.(T#G :E#SI( I(DIA F# S$ECIFIC GEA#S

S$#H FI(A(CIA< ACC.(TI(4H FI(A(CIA< ACC.(TI(44


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Select Com,onent I(D-EnterF# I(D1 F# T GEA# 3

SE


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$#CESS #@DESC#I$TI( AB# :AT

TA TG$E % .T$.T TA$STI(4 I(DI 3 SE$A#ATE


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;*C#EATI( F TA $#CED.#E

S$#H FI(A(CIA< ACC.(TI(4H FI(A(CIA< ACC.(TI(44


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@*C#EATI( F TA CDES !FT$"

:'-'6 in,ut tax:%-D.MMG TA CDE F# I($.T TAA'-'6 in,ut taxA%- Dumm0 tax code for .T$.T TA

K*C#EATI( F 4< ACC.(TS-FS''

3''%&@-#435A-C$G 3''%&& :AT #ECEI:A=


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C#EDIT -&'SA:E-SA:E I( G.# #E8.ESTSE


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Excise #E4 ID %3&ECC (o*Excise #eg* AAAC4@'%:M'3&

Excise #ange =A


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S$#H


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S$#H


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SA:ESA:E I( /#=E(C #E8.EST

%K*S,ecif0 4< Accounts ,er excise transaction

S$#H


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%*Assign =illing T0,es to Delier0 T0,es

S$#O


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Sae-Ignore the warning message and ,ress enter

Select bac> arrow 3 times

JP%I#435A%-rg35a ,art % u,dation

Select (umber ranges button

Excise grou,3&

Select interals button

Select interal button

(o*range-'%

Gear 3'%5

From (umber %''''%

To (umber 3'''''


Select bac> arrow 3 times

JP%I#435A3-rg35a ,art 3 u,dation


Excise grou,3&

Select change interals button


(o*range-'%

Gear 3'%5

From (umber 3''''%

To (umber 5'''''


F# SA


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Select bac> arrow 3 timesJP%iexcloc-local excise inoice no* range


Series grou,3&



(o*range-'%

Gear 3'%5

From (umber 5''''% To (umber ;'''''

Sae-Ignore the warning message and ,ress enterSelect bac> arrow 3 times

JP%iint,r39des,atch serial number


Excise grou,3&



(o*range-'%

Gear 3'%5

From (umber ;''''%

To (umber &'''''


3%*Excise #ate Maintenance

.se Transaction code 2%iln

Indirect TaxesH Master DataH Excise #ate Maintenance

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Transaction* Code J%ID

Select material and cha,ter id combination

Select maintain button

Select new entries button

Material-#I arrowSelect cenat determination radio button



$lant#I


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In,ut Material #I


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First Month 7A,ril

Excise indicator for com,an0% !%''6 tax"

Sae

Select bac> arrow

Select excise indicator for ,lant and endor radio button



Excise Indicator for com,an0 %

Excise Indicator for endor%

Excise Tax Indicator %

sae

Select bac> arrow

Select excise indicator for ,lant and customer radio button



Excise Indicator for com,an0 %

Excise Indicator for customer%

Excise Tax Indicator %

Sae

**-Condition Record #or Excise Duties

.seThe ,ur,ose of the actiit0 is to create condition records forexcise duties in the $urchase rder*

$rocedure

%* Access the actiit0 using one of the following naigationo,tions

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TransactionCode


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Amount &

Taxcode :'

&* ChooseSave.

%*C#EATI( F $.#CASE #DE#

nown !ME3%("

5endor No-*9999

$urchasing organiation #Igs(et $rice K& #sCurrenc0inr$lant#I


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Select more data button-Select $art 3 tabSelect accounting document number

5*I(:ICE :E#IFICATI(


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SE


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&*T :IE/ SA


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SA:E

SE


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S$#H SA


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S$#H SA


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#I


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S$#H SA


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SA:E

%%*C#EATI( F C(DITI( #EC#DS!:%%"A"SE


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%3*C#EATI( F SA


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