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Oct 29, 2012 at 10:33 AM

How to pass Adjustment Entry for Cenvat Utilized

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Dear All,

In Case of Asset Transfer from one Plant(Plant A) to Plant(B), the Cenvat also should be transfered.

Requirement

1) How to transfer the Un-utilized Cenvat on Asset, from one plant to another Plant, in case the asset is tranfered from one plant location to another Plant Location.

2) In case the Cenvat Credit has been utilized..how to pass an adjustment entry for that.

Thanks& Regards

Surya Varma