This document provides an overview of excise duty in India. It defines excise duty as a tax on goods manufactured in India and intended for domestic consumption. It is payable by manufacturers at the time of production or removal of goods. The key points covered include the types of excise duties, eligible duties for CENVAT credit, valuation methods, the excise control code number system, and requirements for central excise invoicing.

22. Excise Control Code (ECC) Number XD Registered Dealer XM Central Excise Manufacturer (Including registered Warehouses) Code Category

34. Types of Duties and Method of Calculation on Assessable Value+ BCD CVD SED of CVD on Assessable Value+ BCD CVD Countervailing Duty(CVD) On Total Excise Duty Excise SHE Cess on Excise duty On Total Excise Duty Excise Educational Cess on Quantity Excise AED on High Speed Diesel on Quantity Excise Special AED on BED + SED + AED (GSI) Excise NCCD on BED + SED Excise AED (PM&T) on BED + SED Excise AED (TTW) on BED + SED Excise AED (TTA) on Assessable Value Excise AED (GSI) on Assessable Value Excise Special Excise Duty (SED) on Assessable Value Excise Basic Excise Duty (BED) Method of calculation Duty Type Type of Duty

35. Types of Duties and Method of Calculation on Current Sub Total Customs Special Custom Duty on Total Customs and CVD Customs SHE Cess on Customs on Total Customs and CVD Customs Educational Cess on Customs on BCD Customs Additional Duty on Customs on Assessable Value Customs Basic Custom Duty On Total CVD CVD SHE Cess on CVD On Total CVD CVD Educational Cess on CVD on Quantity CVD AED on High Speed Diesel of CVD on Quantity CVD Special AED of CVD on CVD + SED–CVD + AED (GSI)–CVD CVD NCCD of CVD on CVD + SED–CVD CVD AED (PM&T) of CVD on CVD + SED–CVD CVD AED (TTW) of CVD on CVD + SED–CVD CVD AED (TTA) of CVD on Assessable Value+ BCD CVD AED (GSI) of CVD Method of calculation Duty Type Type of Duty

36. Returns & Timelines The following Returns are required to be filed under Excise for Manufacturers With in 20days from the close of quarter Quarterly Quarterly Return by Assessees availing small scale industries (SSI) concession of duty based on turnover ER–3 On or before 10th of the following month (With ER-1) Monthly Monthly Return by large and Regular units Monthly Return for CENVAT On or before 10th of the following month Monthly Monthly Return by Assessees who are neither Large Units nor availing concession of duty based on turnover On or before 10th of the following month Monthly Monthly Return by Assesses who are not availing the concession of duty based on turnover (large units) (e-Returns) ER–1 Due Date Periodicity Particulars Form No.

40. Excise Process in Tally.ERP

45. Name: Enter the excise invoice book name allowed by the Commissioner of Central Excise for the company/unit, e.g. ABC/Rule11/Book1/08-09

46. ABC - Denotes Company Name.

47. Rule 11 : Denotes that invoice book is maintained as per Rule 11 of Central Excise Rules, 2002

48. Book1 : Stands for Book Number, which is allowed for the current financial year

49. 08-09 : Denotes the financial year. 

89. Example : Based on Value Packing Charges (2,727.27) Packing Charges (2,272.73) Value of Item Y (60,000) + ( Value of Item X (50,000) + Assessable Value of Item Y (62,727.27) = Assessable Value of Item X (52,272.73) = 5,000*60,000/1,10,000 = 2727.27 5,000*50,000/1,10,000 =2272.73 Apportionment of Packing Charges to Item Y: Apportionment of Packing Charges to Item X: Value of Item Y is 60,000 Value of Item X is 50,000 Packing charges is 5,000 Based on Value In case of Based on Value method of apportion, expenses will be apportioned based on the Value of the Stock item.

90. Example : Based on Quantity Packing Charges (3,750) Packing Charges (1,250) Value of Item Y (60000) + Value of Item X (20,000) + Assessable Value of Item Y (63,750) = Assessable Value of Item X (21,250) = Apportionment of Packing Charges to Item Y : 5,000*600/800 = 3,750 Apportionment of Packing Charges to Item X : 5,000*200/800 =1,250 Quantity of Item Y is 600 and Value is 60,000 Quantity of Item X is 200 and Value is 20,000 Packing charges is 5,000 Based on Quantity In case of Based on Quantity method of apportion, expenses will be apportioned based on the quantity of the Stock item.

92. Excise Purchase Voucher Type

94. Sales Voucher Type

96. Debit Note Voucher Type

98. Manufacturing Journal Voucher

102. Creating Tariff Classification …

104. Creating Tariff Classification …

106. Creating Tariff Classification …

108. Creating Tariff Classification …

177. Creating a Excise Purchase Voucher Not Availing CENVAT Credit

288. Creating a Payment Voucher_ GAR 7 Payment

312. CENVAT Credit Availed