Filing of revised ER-1
This query is : Resolved
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
Thanks in advance
Madhukar N Hiregange
(Expert)
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.
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