Er-1

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anckoora (Querist)
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24 December 2011 Dear Sir,

We took excise registration in June-11.(TOOK IT IN ADVANCE) We crossed the exemption limit of 1.50 crores in Nov-11.

Now, From which month , we have to file monthly return ER-1 ? FROM JUNE-11 OR NOV-11 ? PL. SUPPORT IT WITH nOTI,/cIRCULARS IF ANY.

Thanks

anck

U S Sharma

U S Sharma (Expert)
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24 December 2011 once registered, the unit has to maintain all records and file returns ( ER-3) non filing of returns will be seen under department eyes as concealment of data / evasion.

however you dont have to pay the duty upto 150 lacs but return must be filed quarterly within due date.