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Custom duty

This query is : Resolved 
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Guest

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Guest (Querist)
03 April 2014 what should be journal entry of custom duty?
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Rupesh Jain

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Rupesh Jain (Expert)
03 April 2014 what type of custom duty import of Raw material or machinery.
secondly if you are registered with excise act then you can take CENVAT of that amount

1)custom duty a/c dr.

to bank
2) cenvat RG23a/c
To custom duty
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