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Scrap balance having in ER-1 so much as compared to Physical stock

Central Excise - Started By: - Pradip Sirsat - Dated:- 7-10-2015 Last Replied Date:- 10-10-2015 - Dear All,the above subject mention we are having closing balance large quantity in your scrap commodity as compare to physical, and the balance we are c .....

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will tally with physical inventory of scrap.kindly guide in this matter. Thanks,Pradip - Reply By Rajagopalan Ranganathan - The Reply = Sir,The department will go by physical stock. If the physical stock is less than the book stock then department wi .....

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evidence. Otherwise you have pay not only the duty and also to pay penalty equal to duty payable on excess stock. - Reply By ashish chaudhary - The Reply = If difference can be reconciled based on Daily Stock Account maintained, suggested to adjust .....

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ly.Regards,Pradip - Reply By Rajagopalan Ranganathan - The Reply = Sir,First find out how the difference between the physical stock and R.G. 1 stock occurred. The write a detailed letter to the Range officer explaining the reason for the difference a .....

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rsat - The Reply = Dear Sir,Thanks a lot sir, i am really appreciated to you,i ma giving following reason it may accountable to mismatch stock for RG-1 and physical.1 ) one is weighing balance difference,i.e. we are taking weigh on weighing machine t .....

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urn back from scrap yard,like plastic pallet,been, etci ma very sure these are accountable for mismatch stock, now kindly request to you give proper reply so that matter will resolve.Regards,Pardip - Reply By Rajagopalan Ranganathan - The Reply = Sir .....

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e to the Range officer. and intimate him that the correct stock of scrap will be reflected in the monthly return pertaining to October 2015. - Reply By Mahir S - The Reply = Sir, a mistake is a mistake.Best way out is to prepare an invoice for excess .....

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