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Cenvat

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(Querist)
10 April 2015 Mr x is trader has purchase exisable goods on 31.3.15 for rs 100000.00 on which excise duty is 12500.00 and sale good on 1.4.15
My question is while filing return there is balance ofrs.12500.00 of excise how it will shown balance sheet of 2014-15 reply me on urgent
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Tapas Ruparelia

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Tapas Ruparelia (Expert)
12 April 2015 'Cenvat credit receivable' under 'current assets' on 'asset' side of the balance sheet.
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