Wrong input cenvat return where to show in er1

This query is : Resolved

manju (Querist)
Follow

14 February 2013 Dear Sir,

By mistake we have taken twice CENVAT input now we came to know that one. Now where should we show that reverse CENVAT amount in ER1.

please tell clearly where and where entries should be shown in ER1.

Regards,
HN Manjunatha

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

14 February 2013 No Need to show in ER1. Reversed with Interest interest to be paid by PLA.

Input duty to be shown less (reversed cenvat amount).

only interest to shown in ER1 others Payment.

manju

manju (Querist)
Follow

14 February 2013 Dear Sir,

Then how will excess taken CENVAT in ER 1 earlier will come down in present month to the correct cenvat available in ER1 closeing balance.

Once again it will show excess only in ER1 online. will show excess compared to manual

Regards,
HN Manjunatha

Upgrade to CAclubindia Pro. Subscribe Now!

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

15 February 2013 opening and closing Balance to be Match With Manual. your adjustment only in input taken.