I am running a TAX Payment Wizard in which i have selected TAX Category as - CENVAT for the period of March 08.
Lets say My CENVAT credit available is
BED (RM) - 2000
PLA Remaining - 1500
Cess - 500
HeCess - 200
Payable
BED (RM) - 6000
Cess - 1500
HeCess - 1200
Now i want to make a payment of CENVAT by either adjusting the Credit Available or making an Payment through Bank.
Now when i am trying to utilize the CENVAT credit available against Payable, it gives me an Error
-Utilized credit amount of Selected row is lower then payable amount
And if i utilized the Credit of BED against BED Payable then also it gives me an error.
Can anybody highlight on this issues ...???????
Edited by: Darius Heydarian on May 9, 2008 2:35 PM