Abstract

This report display the details of Credit Availed on Inputs/capital goods/inputs services, Credit Utilised for Payment of Duty on Goods/Services, Credit Utilised When the Goods are removed as such with Opening and Closing Balance of Credit.

To view the Abstract report

Go to Gateway of Tally > Display > Statutory Reports > Excise Reports > Manufacturer > CENVAT Registers > Abstract

The Abstract report of Principal Inputs will be displayed as shown

The Abstract report of Capital Goods will be displayed as shown

Description of the Columns in Abstract report

1. Opening Balance: In this column duty head wise Opening Balance will be displayed

2. Credit Availed on Principal Input Goods: Displays the duty head wise credit availed on principal Input goods

3. Other Credit: Displays other credit details.

4. Credit Availed on Input Services/Capital Goods: Displays the duty head wise credit availed on Input Services/ Capital Goods

5. Total Credit Availed: Displays the total credit availed against different duty heads

6. Credit Utilised for Payment of Duty on Goods:This column displays the credit amount utilised for the payment of duty on goods.

7. Credit Utilised When Inputs are Removed as such: Displays the credit amount utilised when the inputs are removed as such

8. Credit Utilised for payment of Duty on services:Displays the credit amount utilised for payment of duty on services

9. Closing Balance: This column displays the Duty head wise Closing Balance.