Revision of excise return

Dear Ashish,

You have received the goods in Mar 13, and you have availed 50% of Cenvat Credit (if it is Capital Goods as per Excise law) pertaining to year 2012-13, the next 50% is kept for subsequent financial year i.e., 2013-14 or next years.

you have done correct as per Excise, no need to amend Excise Returns, you have change your Books of Accounts accordingly.

There is no specific provision for submission of revised return. If assessee finds that he has made some mistake in excise return then, they can rectified that mistake with letter. 

"There is no specific provision for submission of revised return. If assessee finds that he has made some mistake in excise return then, they can rectified that mistake with letter."  

After receiving your request for revise/modify the said ER1 return, the RO will check the accuracy and correct the said content while assessment of your ER1 return. after correcting the retrurn by RO, you will get that revised return through aces.website under "Ret" menu "List reviewed Returns" catagory.

There is no provision to file a revised return in Central Excise. However,  as per the query posted, the unit has started its manufacturing activities in June'2013. In such a case, there is no any turnover during 2012-13. Then the unit is entitled to take 100% CENVAT Credit in single instalment in terms of CENVAT Credit Rules,2004. Since, you have already taken 50% Credit in the month of june itself, you can take balance 50% credit in this financial year itself, by intimating the range office about the error occured.