Service Tax Balance in Excise return

[MITSUI PRIME ADVANCED]

dear Sir,

Please provide your vaulable sugguation if we have been  filied sucessfully  service tax return for the period from 1st April to 30th June 2012 and filed ER-1 return for the Month of June 2012 in both return Service Tax Balance are same.

01. if We have Manufacturing unit

Regards

Arjun Sachdeva

AI Summary

CENVAT credit reconciliation: ensure service tax and excise returns report identical availment and utilization balances.
When filing service tax and ER-1 excise returns for the same period, the CENVAT credit availment and utilization reported in both returns must be reconciled so that there is no difference between the two balances; timely filing does not remove the obligation to reconcile and correct any discrepancies.