Centvat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2013
dear expert
i m manish ( accountant)
my problems is how i get entry in tally cenvat credit in manufacturing excise please solve this,
and what is cenvat credit and how its works
i m manish ( accountant)
my problems is how i get entry in tally cenvat credit in manufacturing excise please solve this,
and what is cenvat credit and how its works
Gorav Kumar Goyal
(Expert)
17 April 2013
for inputs:-
Purhcase dr.
cenvat input dr.
ed. cess dr.
shec dr.
To party a/c
For Capital Goods
Fixed Assets Dr.
Cenvat on C.G. Dr. 50%
Cenvat on C.G. to be availed 50%
Ed. cess availed 50%
Ed. cess to be availed 50%
Shec availed 50%
Shec to be availed 50%
To party A/c
Gorav Kumar Goyal
G K Goyal & Associates,
9910357301
goravgoyal@icai.org
Purhcase dr.
cenvat input dr.
ed. cess dr.
shec dr.
To party a/c
For Capital Goods
Fixed Assets Dr.
Cenvat on C.G. Dr. 50%
Cenvat on C.G. to be availed 50%
Ed. cess availed 50%
Ed. cess to be availed 50%
Shec availed 50%
Shec to be availed 50%
To party A/c
Gorav Kumar Goyal
G K Goyal & Associates,
9910357301
goravgoyal@icai.org
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- ETDS return q4 25-26
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GST input credit on commercial property
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
