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Apr 25, 2008 at 11:48 AM

TAX Payment Wizard

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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