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    <title>Cenvat Credit Balance Mismatch Between ER-1 &amp; Balance Sheets</title>
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    <description>A taxpayer records full Cenvat credit in excise registers while recognising only part in financial statements, causing mismatches between ER 1/ST 3 and the balance sheet; filing returns without reconciling these records exposes the taxpayer to departmental scrutiny and potential issuance of a show cause notice.</description>
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      <description>A taxpayer records full Cenvat credit in excise registers while recognising only part in financial statements, causing mismatches between ER 1/ST 3 and the balance sheet; filing returns without reconciling these records exposes the taxpayer to departmental scrutiny and potential issuance of a show cause notice.</description>
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