Wrong totaling of closing bl in excise return


15 March 2013 Dear CCI MEMBERS,

I have a query regarding WRONG TOTALING IN closing balance of FG as per ER1 .
Opening Balance 448
Quantity

Manufactured
Quantity 598

Cleared 599

Closing Balance 347

448+598-599=447
DIFFERENCE OF 100 UNITS
I WANT TO KNOW THE IMPACT OF WRONG TOTALING,FOR THE PAST FEW MONTHS IN ER1 THE SAME IS MISTAKE IS CARRIED FORWARDED IN THE ER1 RETUNS


15 March 2013 You can rectify your mistake in return with letter to range superintendent.

19 March 2013 one more thing Mr Arun other than any legal impact is there any financial effect like over valuation or under valuation of stock in that above question.




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