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Excise Duty in Microsoft dynamics

Excise Duty à Components of Excise –  a) Excise, b) Primary Education Cess (PCess), c) Secondary & Higher Secondary Education Cess (SHECess) à A registered Excise manufacturer\producer gets a 15 digit alphanumeric ECC no. which is PAN based. There is an excise tariff code maintained for different purchase \ sale items with their specific rates.Tax Credit is available on all Excise duty, Pcess and SHECess. à Legal & Statutory Compliance – Separate registers are to be maintained which are subject to audit– 1) Manufacturing – RG23A (Raw materials \Consumables\ Packing Material) RG23C (Capital Goods \ Tools \ Spares) RG1 – Daily Stock Register (Finished Goods produced) 2) Trading – RG23D (Purchase, Sales) 3)      Sub Contract – 57F4