09 April 2012
We are a greenfield fertiliser project still in the pre-production stage. We have no excise duty liability right now since commercial production has not commenced. CENVAT credit on capital goods is proposed to be postponed by the company. We have an excise registration number. Is it mandatory for us to file a nil return?
The assessess who are registered in Central Excise needs to follow all the Rules and Regulations issued by the Department.
In this case, you need to file a Nil duty return OR you can approach to your Range office with a letter stating that, you have not started commercial Production.
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