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CIN queries (pls respond)

Dear Experts

I'm trying to find solutions for folloiwng interview questions - (pls help)

Whether Cenvat / Excise accounts are Balance sheet A/c or Expense Accounts ?

What is utilisation procedure ?

How does system determines the amount which is payable to Central Excise dept ?

Which elements comes unders excise payable and excise receivable ?

Thanks in advance


Former Member
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