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Former Member
May 17, 2008 at 11:04 AM

Transfer of uploaded Cenvat Onhold balance to Cenvat a/c

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Hi,

I have uploaded the RG23C-Onhold closing balalnce(say Rs.1000) into the system on 31.03.2008. To transfer the same to CENVAT account on 01042008, I used J1IH. But the entry it has generated is

Dr. CENVAT on CG 1000

Dr CENVAT on Hold Account 1000

Cr CENVAT Clearing account 2000

where as I should have got

Dr. CENVAT on CG 1000

Dr CENVAT on Hold Account 1000

Cr CENVAT on Hold Account 2000

Please help on solving this problem.

Warm Regards

Venkat