CA Parul Saxena (CA) (8488 Points)
18 October 2013I am working in a maufacturing concern now i have been given assignment of Excise duty payment and Return filing. Please someone give me an idea on what are the points to be kept in mind......?????I have certain query too:-
1) If output is Rs.100000 and Input is Rs.120000 then whether whole output can be adjusted against output or it is mandatory to pay some amount through PLA???
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 18 October 2013
No it is not mandatory to pay thru PLA..if yoiu have already Excess Cenvat credit.....
And as regards to points to be checked pls refer to Excel Utility of ER-1(Instructions Sheet that may help u to prepare the return)
All the best..
Naveen C. Bisht
(Tax Consultant)
(71 Points)
Replied 20 October 2013
kumar hattanna
(Officer - Excise)
(525 Points)
Replied 21 October 2013
CAclubindia
