Recredit of an amountt wrongly debited in Cenvat Account

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2010 If an assessee,as a result of a genuine calculation mistake, debits an amount, which is in excess of the duty requirement, how he can get back the excess amount? If it is a four months old case, is the adjustment to be done through re-crediting the same in the Cenvat Account or by submitting Refund Application or? Who is the proper authority here? Superintendent or Assistant Commissioner? What are the governing rules / notifications?

M Prabhakar Menon

M Prabhakar Menon (Expert)

17 June 2010 Better approach the Range office and consult the Superintendent/AC in charge with proper records and satisfy him/her that the mistake was genuine.He will guide u.

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2010 Okay, I will meet them, but at the same time, I want to form my own knowledge base.

Arbind Aggarwal

Arbind Aggarwal (Expert)

18 June 2010 The only way is to get refund. Apply to the jurisdictional Assistant Commissioner in the Form-R for excise refunds and attach
the documentary evidence. There is no other method of taking credit sue moto.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

18 June 2010 Thanks Mr. Agarwal for your kind guidance.

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