banner_ad

Accounting entry at the time of removal of excisable goods

This query is : Open 
Profile Image

Profile Image

(Querist)
17 December 2009 What accounting entry will happen at the time of removal of excisable goods from manufacturing plant to another plant (which come under different-2 excise range).

Thanks in advance

FAZLE
SAP FI Consultant
fazle_sap_fi@yahoo.in
Profile Image

Neeraj Bansal CA

Profile Image

Neeraj Bansal CA (Expert)
27 December 2009 sir

an excise invoice should be issued at the time of transfering from one unit to another , but no sale tax is required to carge, as it is only a stock transfer from salestax angle.


Neeraj Bansal
Profile Image

F H G

Profile Image

F H G (Querist)
28 December 2009 Dear Neeraj
I know sales tax is only require when sales is made and I also know that at the time of removal of goods from manufacturing site excise duty will be applicable.
But my question is that what accounting entry will happen at the time of removal of excisable goods from manufacturing site.
I just want to know the accounting entry(cenvat accounting entry) at the time of removal of goods from manufacturing site.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details