wrongly excise duty credit taken on trading goods

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....rongly excise duty credit taken on trading goods<br> Query (Issue) Started By: - manan pandya Dated:- 19-2-2015 Last Reply Date:- 20-2-2015 Central Excise<br>Got 2 Replies<br>Central Excise<br>dear ex....

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....perts, we have wrongly credit taken and utilized on trading goods now we have come to know that it was taken on wrongly and now we want to reverse duty in RG23-II in today&#39;s date so is it compuls....

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....ory to pay interest ? because we have credit balance in RG23-II .. pls. reply so we can proceed ... regards, Manan Pandya Reply By Naveed S: The Reply: If there is credit balance in your RG23A pa....

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....rt - II account, for the period when credit was wrongly availed till the time of reversal of such credit, then there is no need to pay any interest thereon. Reply By Pradeep Khatri: The Reply: We ar....

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....e in agreement with the reply submitted by Mr. Naveed.<br> Discussion Forum - Knowledge Sharing ....