wrongly excise duty credit taken on trading goods

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..... wrongly excise duty credit taken on trading goods
Query (Issue) Started By: - manan pandya Dated:- 19-2-2015 Last Reply Date:- 20-2-2015 Central Excise
Got 2 Replies
Central Excise
dear e .....

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..... xperts, we have wrongly credit taken and utilized on trading goods now we have come to know that it was taken on wrongly and now we want to reverse duty in RG23-II in today's date so is it compul .....

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..... sory to pay interest ? because we have credit balance in RG23-II .. pls. reply so we can proceed ... regards, Manan Pandya Reply By Naveed S: The Reply: If there is credit balance in your RG23A p .....

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..... art - II account, for the period when credit was wrongly availed till the time of reversal of such credit, then there is no need to pay any interest thereon. Reply By Pradeep Khatri: The Reply: We a .....

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..... re in agreement with the reply submitted by Mr. Naveed.
Discussion Forum - Knowledge Sharing .....

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