Excise duty
This query is : Resolved
EZHILVELAN
(Querist)
30 March 2015
Hai,
we are now entering central excise, (manufacturing unit), we billed as follow
assessable value - 100
excise duty - 12.5
total - 112.5
vat@5% - 5.625
nett total - 118.125
in this we calculate the amount for sales tax return (assessablve vale + excise), but at the time of posting in tally - it takes only assessable value only - kindly advice me in this regards
waiting for your reply
we are now entering central excise, (manufacturing unit), we billed as follow
assessable value - 100
excise duty - 12.5
total - 112.5
vat@5% - 5.625
nett total - 118.125
in this we calculate the amount for sales tax return (assessablve vale + excise), but at the time of posting in tally - it takes only assessable value only - kindly advice me in this regards
waiting for your reply
CMA Ramesh Krishnan
(Expert)
30 March 2015
There is a option to alter the VAT assessable value during posting. please check.
Message likes :
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EZHILVELAN
(Querist)
01 April 2015
thanks sir,
but i dont know how to make it,
please help me sir
how to post the etry
waiting for your reply
but i dont know how to make it,
please help me sir
how to post the etry
waiting for your reply
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