| # ER1 report This functionality is specific for India. Form ER1 (Excise Return 1) is a document submitted to excise authorities every month. It contains the details of production, removal of goods from warehouse and also other details of CENVAT credit. It is a report of the excisable goods and utilization of CENVAT credit for the month. Use the Print ER-1 Report (tfgld9446m00l) session, to print the report. The Excise return 1 report includes the following information: Part 1 and 2 Displays ECC number and name of the organization. Part 3 Details of the manufacturer, clearance and duty payable, CETSH, description of goods, unit of measure, quantity manufactured, quantity cleared, assessable value of cleared goods, type of duty, rate of duty and duty payable. Part 4 and 5 Applicable only for large tax units. Part 6 Details of duty paid on excisable goods such as the challan number, challan date, BSR code of the bank. Part 7 The summary of ACCOUNT-CURRENT (Cash payment) or Personal Ledger Account (PLA). The report displays the opening balance of the PLA account, the summary of amounts paid for the month in PLA, through challans and the utilization towards payments of duty and other payment. Part 8 Details of CENVAT credit availed, utilized, the opening balance and the closing balance of all types of indirect taxes. Part 9 Details of other payments To set up Tax declaration for Indian localization To set up tax declaration for Indian localization, use the following sessions: Tax Declaration Master (tfgld1620m000) When you declare tax for excise duty, you must set the Tax Declaration Type field to Excise. Define the required Transaction Type. Ledger Account by Tax declaration (tfgld9136m00l) In the Tax Declaration Master (tfgld1620m000) session on the specific menu, select Ledger Account For Excise, the Ledger Account by Tax declaration (tfgld9136m00l) session opens. Define the ledger accounts used for tax declaration of each Indirect Tax Type or for each Tax position. The ledger accounts that must be defined, are as follows: Tax Recoverable account Tax Payable account Tax Positions (tfgld0120m000) Define a tax position for each Boxnumber field on the tax declaration. Type the name of the box in the Description field. For example, the box name can be Input on invoice issued by manufacturer or the input on invoice issued by Stage I or Stage II dealers, and so on. Relations by Tax Position (tfgld0521m000) For each tax position, separate tax codes must be defined. For each Transaction Type, you must define tax types for Basic Duty, tax types for ECess, tax types for SHE Cess and other codes such as AED, SED, NCCD as applicable. You must also define tax codes for each tax rate. The tax rates can be defined by excise laws as 16 per cent for BED, 2 per cent for ECess, 1 per cent for SHECess, 12 per cent for Service tax . The following table explains the set up tax codes for a transaction with different tax rates.
Transaction | Basic Code | ECess code | SHECess code
--- | --- | --- | ---
Inputs on invoices issued by manufacturers | PBEDMFG16 | PECEMFG2 | PSHEMFG1
Inputs on invoices issued by Stage I or II dealers | PBEDDEA16 | PECEDEA2 | PSHEDEA1
Imported inputs | PCVDIMP16 | PECECVDN2 | PSHECVDN1
Capital goods on invoices issued by manufacturers or by Stage I or II dealers | PBEDCAP16 | PECECAP2 | PSHECAP1
Imported capital goods | PCVDICG16 | PECECVDC2 | PSHECVDC1
Input services | PSTG12 | PECESTG2 | PSHESTG1
Duty on goods sold | SBEDG16 | SECEG2 | SSHEG1
Inputs or capital goods are removed as such | ASBEDGE16 | ASECEG2 | ASSHEG1
Tax on services | SSTG12 | SECESTG2 | SSHESTG1
Note For imports, the Tax Declaration Type must be set to Excise. For transportation tax for payments, the Tax Declaration Type must be set to VAT. To process tax declaration for Indian localization To process tax declaration for Indian localization, complete the following steps: Create Tax declaration In the Tax Declarations (tfgld1625m000) session, specify the value for the following fields: Collection Office Tax Year Tax Period Payment Reference Save the record. Infor ERP LN sets the Tax Declaration Status to Created. For Tax Declaration Type is Excise, you can select the Final declaration for the period check box. When the Final declaration for the period check box is selected, Infor ERP LN does not allow you to delete the tax declaration lines. Tax Utilization In the Tax Declarations (tfgld1625m000) session, you can process the tax utilization. On the specific menu, click Tax Utilization..., the Tax Utilization (tfgld9546m000) session opens. You can view the amounts in TotalRecoverable, Total Availablein PLA and TotalPayable. You can settle the tax payable account from the Utilization fromCredit available amount, only if the balance is available. Otherwise, you can pay from the amount available in Total Availablein PLA. Payments for Declaration You may pay multiple payments for each declaration. In the Tax Declarations (tfgld1625m000) session, on the specific menu, click Payment Details, the Payments per declaration (tfgld9147m00l) session opens. You can enter payments until the Tax Declaration Status is Approved. If necessary, you can Unapprove and link payments. When a payment record is linked, the Total Availablein PLA field is updated in the Tax Utilization (tfgld9546m000) session. Approval of Declaration In the Tax Declarations (tfgld1625m000) session, on the specific menu, click Approve. If the declaration is approved, you cannot enter payment or utilize the PLA or credit available. Infor ERP LN does not approve the tax declaration in the following scenarios: The total amount utilized from PLA must not exceed amount available in PLA. The total amount utilized from credit available must not exceed the amount of credit available. Submission of tax declaration In the Tax Declarations (tfgld1625m000) session, on the specific menu, click Submit Tax Declaration. Infor ERP LN generates postings for submitted tax declarations, tax utilization and sets the Tax Declaration Status to Submitted. Archive and Delete tax declarations If a tax period is closed, you can archive the tax declarations for that period and delete the declarations. To archive or delete tax declarations, use the Archive / Delete Tax Declarations (tfgld1225m000) session. |