ER-1 ERROR

[sonu shah]

Sir,

our company file ER-1 for the month of April-15.on line, but by mistake cenvat credit amount shown as a opening balance in ER-1 month of April-15, but closing balance of the march-15 was nil. now range superintendent ask us for issuing show cause notice.

please guide me.. with any case law..

AI Summary

Company Reports Wrong Cenvat Credit Balance; Genuine Error May Avoid Show Cause Notice Under ER-1 Form Guidelines A company mistakenly reported an incorrect opening balance for Cenvat credit in their ER-1 form for April 2015, despite having a nil closing balance for March 2015. The range superintendent is considering issuing a show cause notice. Respondents advised that if the mistake was genuine and not intended to evade taxes, and if proper documentation is provided, the demand should not be raised. Clerical errors can be rectified with evidence, and if records are accurate, the show cause notice should not be a concern.