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

Revised return

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Can ER-1 return be revised? if so please quote the relevant circular or any else............. - Reply By Ganeshan Kalyani - The Reply = Yes, refer Not. 08/2016 - Dated 1-3-2016 - Reply By YASHAVANTH RENUKA - The Reply = Ms. Aitha Rajyalakshmi, You can go to the aces.gov.in ( which you used the web for filing the return) in that you will be having the option in returns filing, if the wind .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ow is open for current year and the option of revised return will open. You will be also having modify option sometimes. Please check the window of Returns and filed the revised return, if it is still open for your F.Y.( normally the window will close by 6 months of the last date of filing of return ). - Reply By KASTURI SETHI - The Reply = I concur with the views of Sh.Ganeshan Kalyani, Sir. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Now it is inbuilt under Rule 12(8a) of CE Rules, 2002 . Revised return is to be filed by the end of calendar month in which original return is filed. - Reply By YAGAY AND SUN - The Reply = Effective date for the operation of Rule 12(8) and Rule 17(7) of Central Excise Rules, 2002 A new sub Rule 12(8) regarding filing of following revised returns was introduced in the Centr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al Excise Rules, 2002 ( Excise Rules ) in the Budget 2016 vide Notification No. 8/2016-C.E.(N.T.) dated 01.03.2016 : Revised Monthly Return of production and removal of goods (as specified in Rule 12(1)) : As per the provision, the revised returns can be submitted by the end of the calendar month in which the original return is filed; oRevised Annual Return (as specified in Rule 12(2)) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... : As per the provision, the revised return can be submitted within a period of one month from the date of submission of the Annual Return. Further, another sub rule regarding filing of revised return of monthly return to be filed by an EOU for removals to DTA (as specified in Rule 17(3) of the Excise Rules ) was inserted by way of Rule 17(7) in the Excise Rules . This sub Rule inter alia .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... provides for submission of a revised return by the end of the calendar month in which the original return is filed. Effective date for the operation of Rule 12(8) and Rule 17(7) of Central Excise Rules, 2002 These provisions were to be made effective from a date to be notified by the Central Government. Now, Notification No. 42/2016-C.E.(N.T.) dated 11.08.2016 has notified 17 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .08.2016 as the effective date for the operation of the above provisions. - Reply By KASTURI SETHI - The Reply = Rule 17(7) of CE Rules, 2002 is meant for 100% EOU. - Revised return - Query Started By: - Aitha RajyaLakshmi Dated:- 9-3-2017 Central Excise - Got 5 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ia - 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