Understanding the Update CENVAT Credit Tables Report

You use the Update CENVAT Credit Tables report to populate the CENVAT credit on raw material or inputs tables (F75I313Y and F75I314Y), and capital goods tables (F75I317Y and F75I318Y) according to the tax type.

The Purchase Order Receiver Tag File table (F75I008) records CENVAT credits according to the individual line for each item type and tax type.

The Update CENVAT Credit Tables report copies the records from the F75I008 table into the respective columns of the CENVAT credit tables. After the records are processed and updated in CENVAT credit tables, the consolidated values are stored in the Excise - MODVAT / PLA Summary File YARN SPECIFIC (F75I310Y) table.