Skip to Content
0
Former Member
Feb 17, 2011 at 11:45 AM

Cenvat Hold Account

31 Views

I have a problem pertaining to excise.

1, I have done GR and have filled up all the excise related details.During GR RG 23 A PART I is updated.

2.Capture Excise invoice(J1IEX)During this step i am posting vendor excise invoice with a rejection code.I am putting rejection code as because there is some

Dispute with the excise invoice.If i capture excise invoice with rejection code then part ii is updated but the excise amount will be posted to cenvat on hold account(This excise amount cannot be utilised for other goods clearance).But in my case the excise amount is debited to normal cenvat GL instead of

Cenvat hold GL. Secondly in Logistics General----Business Transaction.......maintain rejection codes.In the 3rd coloumn of Maintain rejection code i have to enter a key.Can u please explain whether this key is tagged with any G/L ACCOUNT.If you can please explain how excise invoice with rejection code is posted

To Cenvat Hold Account.

2. Pl let me know how automatic Account determination is configured for excise related matters

thanks,

Manash Das