Intrest debited thru CEnvat a/c
This query is : Resolved
25 November 2009
We have paid thru tr6 seven lacs in a month, and utilised for duty debit on goods,
And by mistake, debited INTREST on supplimentary invoices for the month (30000/-) thru Cenvat account.
Now
1) Shall we file revise return ? How? or
2) Can we recredit the intrest wrongly debited thru
cenvat? How?
and pay it thru PLA
3) or any other way to correct the ER1 Return
Please guide.
And by mistake, debited INTREST on supplimentary invoices for the month (30000/-) thru Cenvat account.
Now
1) Shall we file revise return ? How? or
2) Can we recredit the intrest wrongly debited thru
cenvat? How?
and pay it thru PLA
3) or any other way to correct the ER1 Return
Please guide.
29 November 2009
(1)revise return not pemissibele under central Excise.
(2)Yes you recredit the intrest wrongly debited now
(2)Yes you recredit the intrest wrongly debited now
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
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Accounting with Claude
- NRI INSURANCE ADVISOR
- LIABILITY ADJUSTMENT
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
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
