CENVAR Utilization in Tax Engine Wizard

[Former Member]

Hi All,

I want to utilize CENVAT credit but it lesser than Excise Duty Payable but It is giving me error and does not aloow to do so.

Is there any other solution or work around?

Please reply fast.

Regards,

Abhishek

[preety_goel · Accepted solution]

Hi,

What is the error message?

Have you made the PLA deposit for all components?

Regards,

Preety Goel

SAP Business One Forums Team

[Former Member · Accepted solution]

Hi Preety,

The message is " Utilized credit amount of selected row is lesser than payable" and also have PLA deposit.

Actually, the case is like, our client wants to utilize cenvat credit for some specific Export A/R Invoice (at the time of invoice creation only) but in such the total accumalted balance of payable is greater than the utilization amount.

Thanks & Regards,

Abhishek

[Former Member · Accepted solution]

Dear Abhishek A,

If I understand correctly Cenvat credit is less compare to Cenvat payable.

Yes, you need to deposit the short amount in PLA.

Since TPW has to be balance and cenvat can only be deposit in PLA.

Regards,

Raghu N

SAP Business One Forums Team

[Former Member · Accepted solution]

Hello,

Also please note, Specific Invoice credit is not allowed in TPW.

Regards,

Raghu N

SAP Business One Forums Team