Very urgent...accounting entries for (excise duty)taxes and duties on sales

Hi Friends,
I'd appreciate if anyone would help me out the entries for excise duty and cenvat utilisation during sales.
During billing document:
Customer -- dr
To sales a/c --(cr)
To CENVAT SUSPENSE AC (CR).
Now could anyone tell me what kind of account is cenvat suspense account i.e., current asset or current liability.
Like wise can anyone help me out with the entries of excise invoice creation, TR6C Challan, Entries for Fortnightly utilization etc. that is all the entries until that particular sale is completed.
It would be greatly useful if you could even specify the kind of account is (for each account possibly) i.e, if the account is an expense or current asset or current liability.
If anyone possesses a document in regards to the same plz do forward the same to my mail id:
[email protected]
regards
kim.

Hi!!! Kim,
Entries related to Excise –
When Availing of Cenvat Credit – (T.Code – J1IEX)
(GL A/Cs against ETT – GRPO)
RG23A BED A/C Dr. (BS GL – Current Assets)
RG23A E.Cess A/C Dr. (BS GL – Current Assets)
RG23A S&H E.Cess A/C Dr. (BS GL – Current Assets)
To Cenvat Clearing A/C (BS GL – Current Liabilities)
RG23C BED A/C Dr. (BS GL – Current Assets)
RG23C E.Cess A/C Dr. (BS GL – Current Assets)
RG23C S&H E.Cess A/C Dr. (BS GL – Current Assets)
To Cenvat Clearing A/C (BS GL – Current Liabilities)
When Billing Document is created, Corresponding A/C Entry -
(GL A/Cs from VKOA & Tax Codes)
Customer A/C Dr. (Recon GL – BS – Current Assets)
To Sales A/C (P&L GL – Income)
To BED. Recovered A/C / Cenvat Suspense A/C
To E.Cess Recovered A/C / Cenvat Suspense A/C
To S&H E.Cess Recovered A/C / Cenvat Suspense A/C
When BED / E.Cess / S&H E.Cess Recovered A/Cs are used -
These are P&L A/Cs & Grouped as Income A/Cs in FS Version.
When Cenvat Suspense A/C is used  -
It is BS A/C & Grouped in Current Liabilties in FS Version
When Creation of Excise Invoice - (GL A/Cs against ETT - DLFC)
E.D Paid A/C  / Cenvat Suspense A/C Dr.
To BED. Payable A/C (BS GL – Current Liabilities)
To E.Cess Payable A/C (BS GL – Current Liabilities)
To S&H E.cess Payable A/C (BS GL – Current Liabilities)
When E.D. Paid A/C (P&L GL - Expenditure)
When Cenvat Suspense A/C (BS GL - Current Liabilities)
When TR6 Challan & Deposit of Cash into PLA A/C - (JV by FB50 / F-02)
PLA on Hold A/C Dr. (BS GL – Current Assets)
To Cheque Issued A/C  (BS GL – Current Assets)
Updation of TR6 Challan in J1IH – (GL A/Cs against ETT – TR6)
PLA BED Dr. (BS GL – Current Assets)
PLA E.Cess Dr. (BS GL – Current Assets)
PLA S&H E.Cess Dr. (BS GL – Current Assets)
To PLA on Hold A/C (BS GL – Current Assets)
When Fortnightly Utilization – (T.Code – J2IUN)
Utilization from RG23A Registers / RG23 C Registers (GL A/Cs against ETT – UTLZ)
BED. Payable A/C Dr. (BS GL – Current Liabilities)
E.Cess Payable A/C Dr. (BS GL – Current Liabilities)
S&H E.cess Payable A/C Dr. (BS GL – Current Liabilities)
To RG 23A BED A/C Cr. (BS GL – Current Assets)
To RG23A E.Cess A/C Cr. (BS GL – Current Assets)
To RG23A S&H Ecess A/C Cr. (BS GL – Current Assets)
BED. Payable A/C Dr. (BS GL – Current Liabilities)
E.Cess Payable A/C Dr. (BS GL – Current Liabilities)
S&H E.cess Payable A/C Dr. (BS GL – Current Liabilities)
To RG 23C BED A/C Cr. (BS GL – Current Assets)
To RG23C E.Cess A/C Cr. (BS GL – Current Assets)
To RG23C S&H Ecess A/C Cr. (BS GL – Current Assets)
Hope that this information will serve your purpose.
Please give necessary marks.
Regards...
Ameya D. Mohoni...

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