RG Records for sale

hansika

Hi,


While I am doing the sale transction with excisable goods , why RG 23 A PART II is not updating .

When I do sales just RG 23 A part I is updating.

In RG 23 A part II Table u can find the fields BED Debit, Ecess Debit, She cess Debit.

Please let me know why it is not updating RG 23 A part II at the time of sales

Deep

I dont know why a sale entry should effect RG 23 A part II.
It must go to excise entries.

hansika

Thanks Deep,



at the time of purchase u will take the credit in RG 23 A part II and will update Excise entry - > cenvat receivable account will effect with positive impact

But the at the time of sale only Excise payable account is effecting with negative impact, what about RG 23 A part II .
It has to update when we do sales with Raw, FG.

But RG 23 A Part 1 is updating ?

ssingla

For Finished Goods Sale and its duty (Excise Duty Payable) is shown in RG1 register and not RG 23 A/C part II.

hansika

Thanks Sandeep,


but my customer is updating the sales ( debit amount ) in RG 23 Aart II at the time of sale.


Please let me know.

ssingla

What is customer selling? Is it a Finished Goods or Raw Material. Check under which excise requirement he is doing that.

hansika

ssingla wrote:

What is customer selling? Is it a Finished Goods or Raw Material. Check under which excise requirement he is doing that.

Thanks Mr Sandeep ji,

My client company is a Manuafacturing company.
They are selling Rawmaterial ( Remove as such ) , Finished good.

So let me know the solution to update the RG 23 Part II at the time of sale.

ssingla

Use the functionality of Direct Debit to RG/PLA at the time of Invoice preparation.

hansika

ssingla wrote:

Use the functionality of Direct Debit to RG/PLA at the time of Invoice preparation.

It is not the concept of PLA.
they will take Cenvat credit at the time of purchases and at the end of the month they will write a entry in RG 23 part II for total month excise payable amount for sale.

So in Navision RG 23 part II is not updating .

So how to do that one.

ssingla

hansika wrote:

ssingla wrote:

Use the functionality of Direct Debit to RG/PLA at the time of Invoice preparation.

It is not the concept of PLA.
they will take Cenvat credit at the time of purchases and at the end of the month they will write a entry in RG 23 part II for total month excise payable amount for sale.

So in Navision RG 23 part II is not updating .

So how to do that one.

Now you are talking of something else. What exactly you want to know.

If you want to adjust Excise Payable with RG/PLA balances at month end then use Excise Payment functionality of Journal Voucher/General Journals.

ssingla

You should consult a financial functional consultant in your company, he/she will be able to guide you better.