pla

[Former Member]

hello,

please give me the details during PLA( cenvat clearing balance) which a/c is credited and debited at each stage its an urgent.

complete steps plz

points will be rewarded

[Former Member · Accepted solution]

hi,

For Domestic Procurement of Raw Material

During GR

Material Stock Dr.

GR/IR clearing Cr.

During Excise Invoice Credit

Cenvat Account Dr.

Cenvat Clearing Cr.

During Invoice Verification

Cenvat Clearing Dr.

GR/IR Clearing Dr.

Vendor Payable Cr

If helpful assign points

Rams

[Former Member]

Hi,

Migo the Cenvat gets Dr.

Miro The Cenvat gets Cr.

If any balance is left after utilization it will be Cr to PLA.

Hope this clarifies

Regards

Srinu

Message was edited by:

srinivasarao gorantla