Filing of revised ER-1

This query is : Resolved

Prashant (Querist)
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13 May 2009 We are a manufacturer of particle boards and are currently enjoying excise exemption under a notification but still we are regularly filing excise return ER-1. But while filing some returns we have not considered sales return quantities as well as stock transferred to our other unit. So my query is can we file a revised ER-1 for that particular months and if yes what could be the consequences. We have not evaded any duty as such because our product is exempted.

Thanks in advance

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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13 May 2009 Please file a revised retrun. Normally when there are no duty implications there is no penal consequence though theoritically there can be some nominal penalties.