banner_ad

Cenvat payables

VAT (Legacy) 918 views 3 replies

Hello friends

Please suggest me solution for Centvat payable as central budget announced Rs. 30/- per metric ton as addition to the cenvat payable from march 1st 2011. for mini cement plant

and how to pass this entry in tally

Replies (3)

 

suppose sale of 1metric ton

 

ZYZ Co. A/c Dr. 50030.00

Sales A/c 50000.00

Cenvat A/c Cr. 30.00

we have to pass it in invoice mode

in sales

party name

sales ledger

vat class

and the entry will be

cement                      .75MT      4142.89MT (Rate)           3107.17(amount

Centvat payable @ 10%                                                         310.72

 

And for cenvat payable we have to add Rs 30
 

 

You have to charges rs. 30 on per metric ton instead of cenvat payable 10 %


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details