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Dec 09, 2009 at 11:01 AM

Reg: CIN GL Accts CENVAT Off Set A/c and CENVAT Payable A/c

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Hi,

Can any one explain what is the use of the below GL Accts and tell me in which Acct Group (P&L or B/S) I have to create?

1. CENVAT Off Set A/c

2. CENVAT Payable A/c

Quick response will be Highly appriciated.

Thanks

Chandra