https://www.taxtmi.com/forum/issue?id=110197 Amounts sanctioned as Cenvat credit must be recorded in the ER1 return as fresh credit earned; cash refunds are not reflected in ER1. At the time of claim the taxpayer reverses the claimed amount from Cenvat Part II, and any credit received thereafter is taken into the Cenvat account and will appear in returns, explaining mismatches between ER1 closing balances and Cenvat Part II balances. en-us Sat, 16 Apr 2016 17:15:30 +0530 Thu, 23 Jan 2025 15:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110197 Amounts sanctioned as Cenvat credit must be recorded in the ER1 return as fresh credit earned; cash refunds are not reflected in ER1. At the time of claim the taxpayer reverses the claimed amount from Cenvat Part II, and any credit received thereafter is taken into the Cenvat account and will appear in returns, explaining mismatches between ER1 closing balances and Cenvat Part II balances. Discussion-Forum Central Excise Sat, 16 Apr 2016 17:15:30 +0530 https://www.taxtmi.com/forum/issue?id=110197