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Excise Duty paid on removal of goods but report in ER1 as short paid by typrographyical mistake

Central Excise - Started By: - gopinath lakshmanan - Dated:- 23-5-2016 Last Replied Date:- 24-5-2016 - Repsected sir, In sept 2014 ER1 return, we have shown Duty payable amt but in case of Duty paid amt we have shown less by ₹ 200000 by mistake. the mistake is happened as follows. the addl duty was taken as input credit ₹ 200000 which is showed in sept14 return perfectly and the same is utilised in Sept 2014. but the utilisation amt of ₹ 2 lakhs was not shown in ER1 sept14 retu .....

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e in ER-I but not debited in Cenvat Account in ER.I return. Since you have declared duty as payable, you have concealed nothing from the department. No suppression is involved. Hence penalty on the ground of fraud, concealment, suppression cannot be imposed under Section 11 AC. However, you will have to debit the said amount along with interest in the columns of arrears of duty & interest in the next ER-I return due. This is a procedural lapse and for this lapse maximum penalty of ₹ 50 .....

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