STO  Excise Accounting

Dear All,
plz clear me accounting entry of two step STP
Delivering Plant
ED Recoverd DR -
1
Excise Payable CR----
2
In reciveing plant
Excise Recivables Dr -
3
Cenvat Clearing Cr----
4
If this is right? Then will the account no. 1 and 3 are same?
if not how the account no. 1 is knocked?
Edited by: Sainath Padamwar on Apr 10, 2008 10:58 AM
Dear All please give input

Hi,
Please refer the below links.
accounting entries for intercompany sto
STO - Accounting Document
Thanks.

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    Dear,
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    >
    Abhinandan  Rote wrote:

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