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revised return central excise

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..... revised return central excise
Query (Issue) Started By: - Anil Jangid Dated:- 16-1-2016 Last Reply Date:- 20-1-2016 Central Excise
Got 10 Replies
Central Excise
Can we file revised excise quarterly return ? is there any penalty or interest for revised return ? what is the period and procedure to file revised return Reply By KASTURI SETHI: The Reply: There is no provision in ACES app .....

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..... lication to allow assessees to make corrections in the Central Excise returns filed by them.Once the return is accepted by the system as successfully "FILED", no modification can be made by the assessee. However, if the return is rejected by the system, the assessee can correct the error and upload it again. AUTHORITY BOARD's CIRCULAR NO.956/17/2011-CX dated 28.9.2011. Reply By Gan .....

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..... eshan Kalyani: The Reply: Yes there is no provision for filing revised excise return. I agree with Kasturi Sir. Reply By KASTURI SETHI: The Reply: Sh.Ganeshan Kalyani Ji, Though you always supports views on merits only, yet I value your support. I think more in a positive manner to the extent that you have not only spared your precious time for me but also for all the visitors of this forum thr .....

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..... ough out India. Support means views have been cemented/confirmed from expert and thus its value cannot gauged in words.For visitors also not an iota of doubt is left. Reply By Mahir S: The Reply: Yes sir, there is no specific provision for submission of revised return, as rightly explained above. If assessee finds that he has made some mistake in excise return then, they he may intimate the Ran .....

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..... ge Officer with a request letter for Rectification of the mistake. This is the most practical solution to your query. The question of penalty or interest does not arise for such rectification. Reply By Mahir S: The Reply: The Range officer after receiving your request for revision/modification of the said ER1 return, will check the accuracy and correct the said content at time of assessment o .....

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..... f your ER1 return. After correction, if the RO deems it necessary ; you may get that revised return through aces website under "Ret" menu "List reviewed Returns" category. Reply By Ganeshan Kalyani: The Reply: Thanks a tonne Kasturi Sir for your appreciation and support. Reply By MARIAPPAN GOVINDARAJAN: The Reply: I endorse the views of Shri S. Mahir. Reply By Mahir S: The .....

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..... Reply: Sir, Thnx for the endorsement... Reply By RAJESH MANGAL AGRAWAL: The Reply: I am also agreed with the views of Shri S. Mahir. This is the best practical solution in this case. Reply By Mahir S: The Reply: Yes sir..
Discussion Forum - Knowledge Sharing .....

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