Excise Duty Management System
An Automated Platform for Excise Duty Deduction & Compliance
Overview
01
- The Excise Duty Management System (EDMS) by Advanced Software Development (ASD) automates the deduction of excise duty from customer accounts as per National Board of Revenue (NBR) regulations.
02
- It ensures accurate calculation and deduction across all account types—savings, current, loan, and others—while supporting dual control and compliance with regulatory reporting.
03
- With multi-user access, integration with IBM DB2 UDR, and automated file generation for EBBS, the system simplifies excise duty management and minimizes manual intervention.
Key Features
- Automated Data PullFetches account data directly from IBM DB2 UDR database.
- Block Upload File GenerationAutomatically generates EBBS upload files.
- Dual Control & Multi-User SupportEnsures secure and compliant operations.
- Foreign Currency (FCY) SupportImports FCY balances and generates FCY EBBS block upload files.
- Currency & Rate SetupConfigurable exchange rates for duty calculation.
- Compliance ReadyFully aligned with NBR excise duty guidelines.
Benefits
Regulatory Compliance
Automates deductions as per NBR requirements.
Accuracy & Transparency
Eliminates manual calculation errors.
Operational Efficiency
Saves time with automated file generation and uploads.
Multi-Currency Support
Handles both local and foreign currency accounts.
Audit & Security
Dual control, role-based access, and full audit logs.
Highlights
- Deduction from all account types (savings, current, loan, FCY).
- Automated EBBS block upload file generation.
- Dual control and multi-user operational environment.
- Configurable rate and currency management.
- Compliance with NBR excise duty regulations.
- Outward Clearing
- Inward Clearing
- Positive Pay Automation
- OCR and Dynamic Report Engine
- House Transfer Cheque Processing
Technology Stack
Client Success Story
Standard Chartered Bank
“Standard Chartered Bank implemented ASD’s Excise Duty Management System to comply with NBR regulations seamlessly. The solution automated excise duty deductions across savings, current, and loan accounts while ensuring accuracy, dual control, and transparent reporting. ASD’s expertise and responsive support have been instrumental in ensuring smooth operations.”
Frequently asked Questions
Q1: Does EDMS support foreign currency accounts?
Yes, it imports FCY balances from UDR and generates EBBS upload files.
Q2: How does it ensure compliance?
The system applies NBR rules for excise duty deduction with automated reporting.
Q3: Can multiple users operate the system?
Yes, it supports a secure multi-user environment with dual control.
Q4: Does it integrate with core banking?
Yes, it connects with IBM DB2 UDR and generates EBBS upload files for processing.
Q5: Is the system configurable?
Yes, administrators can configure duty rates, currencies, and user access levels.
