how to pass advance excise duty entry in tally erp9.2
- 1 Answers
- 6032 Views
- I also Faced
- E-Mail Answers
Answer Posted / jagdish adhav
I think we are not paying Excise Duty in advance. Now Excise Duty liability can pay in the next month, before 5th and before 31st march in case of March months clearing. However the excess excise duty paid in PLA. The PLA A/c. should shown in the group of Current Assets. (and same to Cenvat Credit A/c.)
when you want to utilised the advance or excess balance, Debit to Excise Duty Payable A/c and credit to PLA A/c.
| Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
What do you understand by dissolution of firm?
what is WCT rate in chhattisgarh
How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)
procedure to get Raw Material free of excise duty under Central Excise Act,
how to calculate tax for the income earners
how to pass service tax reverse charge entry pass in books
how to generate H-form and procedure for generate?
we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply
How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.
WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?
what is the full rate of cst/vat of building material ?
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,
How can a taxpayer get a refund for an overpayment of taxes?
