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Excise return query

585 views 4 replies

Guest

while filing Excise return ER-1,

I found in cess account there is short balance,

Now, can i adjust the shortfall from Basic Excise duty. Becouse i have plenty of balance in my Basic Excise Credit.

Thanks in advance.

Replies (4)

Arun Kumar Singh

GST Advocate

15220 Points Posted on 10 January 2013

File the return as per duty and do the payment along with interest after filing of return.

Rajeev Kumar Garg

Consultant of Excise Customs & Service

836 Points Posted on 11 January 2013

Dear Mr. Rakesh,

No you can't adjust any levy from other head. File your return this time with short payment and pay the shortfall with interest @ 18% P.A. and such payment will be shown in next return as arrear payment.

Thanks.

Rajeev Kumar Garg

(M.Com, L.L.B.)

Consultant (Excise, Customs & Service Tax)

Ph. No. 7500802402.

Guest

But Rajeev Sir,

while filing the Electronic reurn ER-1, i can not proceed with the short fall it create an error.

whether i have to deposit cash in Cess Account then File?

please suggest.

Thanks in advance

Arun Kumar Singh

GST Advocate

15220 Points Posted on 11 January 2013

You will put the duty at the time of filing of return only you will not enter the challan No. After the filing of return you will make the payment along with interest.