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Union of India - Section

Section 27 in The Cost Audit Report Rules, 2001

27. Central Excise Reconciliation for The Product under Reference:

  Particulars Chapter Heading - Chapter Heading - Chapter Heading -
A Quantitative Details: Unit Unit Unit
1 Opening Stock      
2 Add: Production      
3 Less : Closing Stock      
4 Total Sales! Clearances      
  Particulars Assessable Value(Rs.) Rate of Duty Amount of Duty (Rs.)
B DETAILS OF CLEARANCES:      
1 Total Clearances (Chapter heading-wise)      
2 Less : Duty Free Clearances (factory)      
3 Excisable Clearances (factory)      
4 Penalty/Fine/Interest payable if any      
5 Total Duty Payable (total 3 & 4)      
  Particulars Inputs Capital Goods Total
C SUMMARY OF CENVAT CREDIT      
1 Opening Balance      
2 Add : Availed During the year      
3 Add Refunds received during year      
4 Less : Closing Balance as per Excise Records      
5 Total Cenvat credit utilised during the year(1+2+3-4)      
6 Closing Balance as per Annual Accounts      
7 Difference between 4-6      
8 (State amount and reasons for difference)      
  Particulars Amount (Rs.)
D RECONCILIATION OF DUTY PAID  
1 Excise Duty Payable as per 'B'  
2 Total Excise Duty paid through  
  a) Cenvat Account-(Inputs)  
  b) Cenvat Account-(Capital Goods)  
  c) P.L.A.  
  Total (a+b+c)  
3 Difference between (1-2)  
4 (State amount and reasons for difference)  
5 Excise Duty as per RT-12  
6 Difference between (2-5)  
7 (State amount and reasons for difference  
E RECONCILIATION OF DUTY PAID AND RECOVERED:  
1 Excise Duty paid as per P & L A/c  
2 Excise Duty Recovered as per P & L A/c  
3 Difference between duty paid and recovered  
4 (State amount and reasons for difference  
F RECONCILIATION OF TURNOVER  
1 Turnover as per RT 12  
2 Turnover as per Annual Accounts (Net off Duties &Taxes)  
3 Difference between (1-2)  
4 (State amount and reasons for difference)