Utilization of input
This query is : Resolved
20 December 2011
Hi
i am working in a mfg. co. in the Month of May we have use CENVAT credit with rs. 1583.20 extra and in the Month of July we have less adjusted Rs. 2391.50 and also a entry of Rs. 966/- is still pending to be utilize from our CENVAT credit can we adjust the same in current period and where we will show this amount in our ER-I
Reply its urgent.
Regards
Raman Dhiman
i am working in a mfg. co. in the Month of May we have use CENVAT credit with rs. 1583.20 extra and in the Month of July we have less adjusted Rs. 2391.50 and also a entry of Rs. 966/- is still pending to be utilize from our CENVAT credit can we adjust the same in current period and where we will show this amount in our ER-I
Reply its urgent.
Regards
Raman Dhiman
20 December 2011
check sl no 8 of ER-1 details of cenvat credit taken and utilized,
your balance is shown under sub sl no 17, which is available for utilization and will come as "opening balance" in next return.
your balance is shown under sub sl no 17, which is available for utilization and will come as "opening balance" in next return.
22 December 2011
Hello Mr. Sharma
Thanks for your valuable reply but my question is that can we utilize our Input for the adjustment of previous months. The figure (Payable) shown above is related to previous month can we adjust this in current month
Thanks for your valuable reply but my question is that can we utilize our Input for the adjustment of previous months. The figure (Payable) shown above is related to previous month can we adjust this in current month
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
- CLOSING STOCK QUERY
- Loss of interest in PF transfer from EPFO to Trust
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- TDS on rent received on hardship compensation being rent on redevelopment of building
- F&O reporting in ITR
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
