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
CAclubindia
