Excise duty

This query is : Resolved

Ramachandra sharma (Querist)
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24 August 2010 Dear Sir

Request you to kindly suggest solution to following my queries.

1. I need to know what is interest/fine to be paid for delayed filling of Excise return ER1 and ER3. however duty paid on due date.

2. A excise manufacturer filled the ER-1 till April 2010 and since wanted to file ER3( April10 to June10) on quarterly basis with out taking exemption as per SSSI notificaion 08/2003 wanted to pay normal duty and take cenvat credit on purchase. what is the procedure (Previous year turn over less than 3Cr).

3. Unable to upload ER 3 xml (April 10 to june10) since we have already filed ER-1 for April10.

ANIL JANGID

ANIL JANGID (Expert)
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01 September 2010 you file back date return now,if excise dept demand fine then payable.

chamatkaribaba

chamatkaribaba (Expert)
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30 May 2011 Back date Return? What does this mean? Is this as per Law?

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U S Sharma

U S Sharma (Expert)
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03 June 2011 1. 1.5% per month or part thereof

2. when 8/2003 is not availed, ER-3 will not be applicable, duty payable and return filing will go monthly basis in ER1

3. file ER1 only on monthly basis.

in your case department may deny your claim of input credit for non filing of returns in time.