how to pass advance excise duty entry in tally erp9.2
Answer Posted / jagdish adhav
I think we are not paying Excise Duty in advance. Now Excise Duty liability can pay in the next month, before 5th and before 31st march in case of March months clearing. However the excess excise duty paid in PLA. The PLA A/c. should shown in the group of Current Assets. (and same to Cenvat Credit A/c.)
when you want to utilised the advance or excess balance, Debit to Excise Duty Payable A/c and credit to PLA A/c.
| Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?
Rules for filling Income Tax return for an Individual ?
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?
due date for issue of C form, if c form is not issue what will be the consequences
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
Define deferred tax liability? What items come under deferred tax liability?
If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.
What doyou mean by assesment order? and for what purpose it will be passed?
How to reconcilation of modvat
what is fillup form when company issue c form
how to caluclate the central exicse duty? how to implemting in to tally ERP9?
on earth moving road work which type of tax is applicable?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE