Excise duty passon wrongly

This query is : Resolved

sunil nair (Querist)
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25 November 2011 Dear All,

1Q.If First stage dealer wrongly passedon cenvat in plus (+). and we taken in our records without knowing then what will happen and why ?

2Q. Can we keep all the records in soft copy ?

U S Sharma

U S Sharma (Expert)
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15 December 2011 1)you have to take correct amount of credit and inform the dealer to recfify the invoice details.

2) at the start of every year, you have to submit the records and books maintained at your end, mention the mode of maintanance there.