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of <h1>Finance Ministry Amends Form RT-12 for Central Excise; Adds Balance Columns for Enhanced Computerized Verification.</h1> The circular issued by the Ministry of Finance, Department of Revenue, addresses an amendment in Form RT-12 used for Central Excise purposes. The amendment introduces columns for Opening Balance and Closing Balance to facilitate computerized verification of RT-12 returns. The revised format, positioned between 'Branch Code Number' and 'NOTES,' includes details such as the description of goods, unit, opening balance, quantity manufactured, received, cleared, and closing balance, along with the value of goods, rate of duty, and duty paid. This change aims to streamline the process and address difficulties in the current format.
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