Central excise
This query is : Resolved
Nagaraju Balusupati
(Querist)
17 August 2013
we have filed excise return ER1 for july month.but 2 days ago we came to know that we are not paying excise duty on 2 items from 1.4.2013 to till date.now we want to pay excise duty on such two products.please guide me the procedure to be followed now..
CA Kumar Mukesh
(Expert)
17 August 2013
As per Excise law ER-1 once filled cannot be revised.
In your case where you failed to pay duty on few items, you can pay Excise on these item in next ER-1 with interest @ 18% pa
Furthermore you can also give an Intimation to Excise officer regarding said incident with payment of challan & ensure him that said incidents/defaults will be prevented in Future
As per Excise law ER-1 once filled cannot be revised.
In your case where you failed to pay duty on few items, you can pay Excise on these item in next ER-1 with interest @ 18% pa
Furthermore you can also give an Intimation to Excise officer regarding said incident with payment of challan & ensure him that said incidents/defaults will be prevented in Future
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