revised return, Central Excise

[ajay singh]

Why Excise Returns can not be revised though the same facility is available in almost all other Return filing requirements????

Posts / Replies

[NEERAJ KUMAR, RANCHI]

Why it can not be revised?Because there is no such provision in the law. Why there is no provision in law, its diffiult to answer, but yes I also feel that there should be provision for the same.

[abhi parakh]

Sirs,

Every law has a reason and an attached logic to it. Revise Returns no doubt, do increase compliance. Under the CE law, the assesses always do have the option to reinstate their mistakes &/or errors in the return for the next period. Hence, the purpose of Revised Return is intrisically resolved.

Regards,

CA Abhi Parakh