Set Off of RG23A Part II balance

ashish (article clerk) (46 Points)

13 March 2008  

Dear All,

 

I would like to know that while setting off Excise receivable against payable can the whole balance available against the RG23A Part II (raw material) be utilised for the month or do you have to retain some amount in the A/c.

The same for PLA account also.

Thank you in advance