CRC16 (ModBus) - computing algorithm - Stack Overflow
To compute the CRC-16/CCITT-FALSE on your data, you exclusive-or the first 16 bits of your data with the Init value of 0xffff. That gives fe ef C0 03 00 01. Now do what you know on that, but with the polynomial 0x11021. You will get what is in the table, 0xb53f. Now you know how to apply Init.