Explain with this example abt cenvat details?

Question

can u plz explain with this example
Purchase Order (P.O) (We give Vendor No, Rate, Material, Tax Code)
***Basic Amount 100.00***
***Excise Duty @ 16% 16.00***
          o
                + 116.00***
***VAT@ 4% 5.00***
***(On Basic + Excise) 121.00***
Sale Order: (SO): (We give Customer No, Qty, Rate, Material, Tax Code (Manually/Automatically)
Basic Amount 300.00
Excise Duty @ 16% 48.00
348.00*
VAT@ 4% 1300
(On Basic + Excise) 361.00
what will happenning in rg23a,rg23c, rg23d & pla ?
explain the utilization also

Answer 1

Hi,
When you capture excise invoice against GR, Excise gets Credited to your account RG23A or RG23C accounts. When you generate sales excise invoice, you can utilize the credit available.
With above process RG23 registers will be updated.
RG23D will be updated when there is Depot receipt (J1IG) and Issue(J1IJ)  transaction.