Difference in Opening and Closing stock
This query is : Resolved
13 June 2011
If an EOU files a ER2, what is the impact in case of following two situations:
where in case of Finished Goods the closing balance as per books and as per ER2 are not same.
Opening stock of ER2 does not match with the closing stock of last months ER2.
where in case of Finished Goods the closing balance as per books and as per ER2 are not same.
Opening stock of ER2 does not match with the closing stock of last months ER2.
U S Sharma
(Expert)
18 June 2011
ER2 quantity may be less than books, as it may be "stock work in progress"
diff between opening balance of current and last month closing balance, is to be sorted out/ rectified under supervision of range officer with specific reasons, otherwise it would be taken as evasion.
diff between opening balance of current and last month closing balance, is to be sorted out/ rectified under supervision of range officer with specific reasons, otherwise it would be taken as evasion.
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