Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

CENVAT Returns - Reg.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... We are taking CENVAT credit on Input, Capital Goods Input services. In terms of Ru le 9(7) of Cenvat Credit Rule, 2004 , every assessee has to file CENVAT Returns to the office of the Superintendent, Central Excise, Range on or before 10th of every month. Kindly let us know whether this is still mandetory as per the Rule or there is any change in the Rule subsequently, as our Excise Range o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... fficers are now not accepting these Returns. Regards, VINAY - Reply By Venkat Raj - The Reply = Now Range Officer's are not responsible for mistakes/defaults in your cenvat returns. Now the responsiblity of checking cenvat returns lies with Audit offiers who will take audit of your unit. Hence checking the correctness of your cenvat return primarily is with you. If at all, if there is any m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... istakes/defaults during audit, Audit officers will ask you to revese the cenvat credit and ask you to pay interest as per CCR 2004 . Hence the Range officers are not accepting Cenvat Returns. - Reply By vijay kumar - The Reply = Rule is still in force and such a return is mandatory. However, please note that it is nothing but part of the ER-1 return. If we look at the format of ER-1 retur .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n in the CBEC website, you can find that - See rule 12 of CCR and rule 9 of CCR . Accordingly, the ER-1 return which you file electronically before 10th of every month includes the return referred by you. - Reply By ASHOK AMIN - The Reply = Yes, I also agree with you. - CENVAT Returns - Reg. - Query Started By: - vinay wakde Dated:- 7-9-2012 Central Excise - Got 3 Replies - Central Ex .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates