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Former Member
May 28, 2008 at 07:50 AM

sales return with excise

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At the time of Credit Memo EXCISE PROVISION A/C WILL DEBIT.But incase of cenvat entry CENVAT CLEARING A/C will CREDIT. So, is it possible to debit excise provision a/c at the time of CREDIT NOTE CREATION. Other wise in every case we needs to pass a manual FI JV through FB50 for adjustment.