We have to pay the Excise duty on Sale of Scrap or Adjust the Same in ER1 statement how can i adjust or what is the procedure to pay the Excise duty on Sale of Scrap... Please say the instructions for this one...
27 October 2014
You have to pay the ED on sale value of scrap. ER-1 is just a Excise Return.You have to mention there. Procedure is same as you pay on normal goods.