Journal Entry

Capital Goods A/c Dr       500000  Dr

Cenvat Credit Receivabvle  2009-10      25,000 Dr

Cenvat Credit Receivable  2010-11    25,000  Dr

CST       10,000   Dr

 To  Supplier's Ac/ Bank A./c or Cash Account        5,60,000

as excise duty is allowed input credit can be obtained from that....but in case of CST no input credit is allowed. hence the amount paid for CST should form part of the value of capital goods and should be capitalised. No CST a/c should be debited seperately...

CAPITAL GOODS A/C                 DR.   5,60,000.00

  TO SUPPLIER'S A/C / BANK A/C                      5,60,000.00

CAP. GOODS A/C                                  DR.             510000

CENVET CR RECEIVABLE 09-10          DR.                25000

CENVET CR RECEIVABLE  10-11         DR.                25000

   TO SUPPLIER/BANK                                                                      560000

correct

vijendra's entry is right

ya Vijendra is correct (CST is not cenvatable)and ED shall be adjusted in 2 year

good