01 March 2013
Dear Expert, Which Form to be used by SSI unit(Availing benefit of Excise notification of exempted value based clearance ) for filing Excise return of Goods sold another Brand name. Currently we are filing the same in ER-3, but our lawyer asked us to file in ER -1 but I am not convinced with the same
02 March 2013
IF YOUR TURNOVER OF BOTH TYPE OF SALE HAS BEEN EXCEEDED THE UPPER LIMIT OF 4 CRORE, YOU HAVE TO FILE YOUR RETURN IN FORM ER-1, OTHERWISE, IN FORM ER-3. THANKS. Rajeev Kumar Garg (M.Com, L.L.B.) Consultant (Excise, Customs & Service Tax) Ph. no. +91 7500802402
Sir, I have another query that we have not filled any excise return ER-3 (from fy 2008-09 to till dated , whether the penalty which is maximum 20000 right now is total amount for the entire returns ( which is not filled till dated) or Rs 20000 for per quarter returns.
CAclubindia
