Er1 query
This query is : Resolved
09 March 2017
Dear sir,
In last month return we submitted return with wrong assessable values, example as per below –
Commodity A –
Assessable value – Rs. 150/-
Excise duty paid – Rs. 15/-
Commodity B –
Assessable value – Rs. 125/-
Excise duty paid – Rs. 19.37
After total It will be correct but if we check commodity-wise then it’s wrong.
Please, suggest me what can I do in the same matter ?
In last month return we submitted return with wrong assessable values, example as per below –
Commodity A –
Assessable value – Rs. 150/-
Excise duty paid – Rs. 15/-
Commodity B –
Assessable value – Rs. 125/-
Excise duty paid – Rs. 19.37
After total It will be correct but if we check commodity-wise then it’s wrong.
Please, suggest me what can I do in the same matter ?
Arun Kumar Singh
(Expert)
11 March 2017
Within one month from the filing of original return you can rectify your return after this period you can right a letter to the jurisdictional superintendent of central excise.
11 March 2017
Ok sir.
But, will it create problem in future ?
Actually both commodities has a same excise duty rate.
But, will it create problem in future ?
Actually both commodities has a same excise duty rate.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
