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Er1 or er8

RAKESH SAH (Senior Executive (Finance & Account)) (115 Points)

05 April 2012

till date we are filling our return in ER1, we are not climing any cendvat credit & our tax @ 1% till 16 March-12 which is revised after budget by 2%.

Please advise in which form ER1 or ER8, we have to file our return.

Thanks in advance.

Rakesh Shah

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3 Replies

prateek aanchalia (CA) (859 Points)
Replied 05 April 2012

ER-1 Return, filed under Rule 12(1) of the Central Excise Rules, 2002, will have to be electronically filed irrespective of the duty paid in the preceding financial year.

ER-8 Return, to be filed under the proviso to Rule 12(1) of the Central Excise Rules, 2002, by assessees availing the exemption under Notification No.1/2011-CE dated 01.03.2011 has to be filed electronically.

so as per above difination if you are not getting exemption under Notification No.1/2011-CE dated 01.03.2011 than you required to file return in ER-1. If u get exemption under Notification No.1/2011-CE dated 01.03.2011 than you requried to file return under ER-8.