a/.c enrties in case excsie dealer

What are the entries to be passed in the books of  excise dealer for  " cenvat pass on" ?

Thanks & reagrds

Replies (3)

There need not be any special entry for passing the cenvat credit to the other party.

Though you have make an excise bill as well as a normal sale bill.

In the excise bill you have to state the excise details.

dear... i want 2 know whether the entries of cenvat is to be passed through book s of accounts or not

like---

on purchase :    Puchase A/c ....dr   1000

                             Cenvat acc .....dr 100

                              To Party a/c  ............................Cr 1100

& on sale   Party a/c. ................dr 1200

                     To sale a/c............................cr 1100

                     TO cenvat ...................................cr 100

Also in case if any raw material is removed  " as such" from manufacturng unit 

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