banner_ad

Wrongly excess cenvat credit of rs.100 claimed in er1

This query is : Resolved 

28 January 2014 I hv filed ER1 in month of dec13. The issue is suppose excise duty was payable Rs.10000. So v paid Rs.4000 through PLA. Bal Rs.6000 payable through Cenvat Credit. But in Cenvat Credit column v showed 6100 available n claimed full 6100. Actual issue is that in current month, had purchased a capital asset on which Rs. 200 was Cenvat n I should have claimed Rs.100 in current yr n next year Rs.100. What should I do since Rs.100 was excess paid!!! Should I intimate d department since the amount is Rs.100. Will I be able to claim this Rs.100 in next year? Wat procedure should I follow?

28 January 2014 You can rectify these mistake from letter. No need to intimate to the department that you have taken 50% cenvat credit on the capital goods.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details