G / L Account for CENVAT Offset Records the excise duty calculated at the time of Goods Receipt and invoice verification. The values in this account and the CENVAT clearing account are balanced if there is no difference in excise amounts at Goods Receipt and inovice verification.
G / L Account for CENVAT Offset Records the excise duty calculated at the time of Goods Receipt and invoice verification. The values in this account and the CENVAT clearing account are balan…