Skip to Content
0
Former Member
Jan 16, 2009 at 09:22 AM

capital goods

25 Views

Hi Gurus,

I have done migo for capitalgoods purchase and captured and posted the excise in migo, entered miro also, and i have done the return delivery to vendor using 122 movement.

during migo

50% of excise gone to cenvat on hold

50% to excise accounts

in reversal 100% amount is deducting from the excise accounts,nothing from cenvat on hold what could be the reason, and what is the right procedure,

Thanks.

Naga.