1. My query is how many ledger accounts needs to opened for crediting nad debiting the duty received on inputs and payable on FG (as my sr has opened one Excise expense account, cenvat cr on Input account separately) ?
2. In a month of Jan I have availed Cenvat credit on inputs (say Rs. 2000), however return of some goods was made in Feb after testing and all.. So when and how to reverse the credit ?