PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3443 Points)
18 September 2009Hi,
We have recently got Excise registration 2-3 months back. we came to know that the 10th is the monthly date of return filing in ER-1,
Please let us know the formalities & due dates etc for filing of returns etc. with Excise.
Thanks & Best Regards
Praveen
CA Sumit Arora
(CA)
(1410 Points)
Replied 18 September 2009
The due date for filing form ER-1 is 10th of the followng month.
PRAVEEN KUMAR
(MBA (Finance) B.Com.(P))
(3443 Points)
Replied 19 September 2009
Yes, it is 10th,
I would like to know the obligation when we should file, what are the panelties etc. and how to file or which form is applicable for a particular company.
I should say., overview of excise accounting and filing of returns.
Thanks
Praveen
K R V KRISHNA
(TRAINEE)
(22 Points)
Replied 10 December 2009
List of Excise-Records to be maintained by a manufacturing concer?
R.Sankaranarayanan
(Indirect Tax Executive)
(163 Points)
Replied 22 September 2010
Hi All....
Various Returns under Central Excise and Service Tax Laws:
|
Form of Return |
Descripttion |
Who is required to file |
Time limit for filing return |
|
ER-1 |
Monthly Return by large units |
Manufacturers not eligible for SSI concession |
10th of following month |
|
ER-2 |
Return by EOU |
EOU units |
10th of following month |
|
ER-3 |
Quarterly Return by SSI |
EOU units |
20th of next month of the quarter |
|
ER-4 |
Annual Financial Information Statement |
Assessees paying duty of Rs one crore or more per annum either through PLA or Cenvat or both together (Till 29-9-2008, the provision was applicable only when payment through PLA alone was more than Rs one crore). |
Annually by 30th November of succeeding year |
|
ER-5 |
Information relating to Principal Inputs |
Assessees paying duty of Rs one crore or more per annum (either through PLA or Cenvat or both together) and manufacturing goods under specified tariff headings (Till 29-9-2008, the provision was applicable only when payment through PLA alone was more than Rs one crore). |
Annually, by 30th April for the current year (e.g. return for 2005-06 is to be filed by 30-4-2005]. |
|
ER-6 |
Monthly return of receipt and consumption of each of Principal Inputs |
Assessees required to submit ER-5 return |
10th of following month |
|
ER-7 |
Annual Installed Capacity Statement |
All assessees |
Annually, by 30th April for the current year |
|
Form as per Notification No. 73/2003-CE(NT) [Rule 9(8) of Cenvat Credit Rules] |
Quarterly return of Cenvatable Invoices issued |
Registered dealers |
By 15th of following month |
|
Returns under Service tax Laws |
|||
|
ST-3 |
Half yearly return of taxable services provided |
Person liable to pay service tax |
Within 25 days from close of half year |
|
ST-3 |
Hal yearly return of Cenvat credit distributed |
Input Service Distributor |
Within one month from close of half year |
R.Sankaranarayanan
(Indirect Tax Executive)
(163 Points)
Replied 22 September 2010
Top Mr.Krishna,
Records to maintained by a registered Central Excise Manufacturer / Dealer:
General records to be maintained by the assessee.
1. RG-1 register, i.e. daily stock account of excisable goods;
2. Form-IV register of receipt and issue of raw material;
3. Personal Ledger Account;
4. Invoice book.
5. Job work register
Additional record to be maintained by the assessee availing modvat.
1. RG-23A Pt.-I – entry book of input receipts;
2. RG-23A Pt.-II – entry book for taking credit of duty paid on inputs;
3. RG-23C Pt.-I – entry book of capital goods received;
4. RG-23C Pt.-II - entry book for taking credit of duty paid on capital goods;
5. Record of inputs sent for job work outside the factory under Rule 57F(4);
6. Record of inputs received in the factory for job work;
7. Challan book under Rule 4(5)a for sending inputs or partially processed inputs for job work;
8. Challan book for sending capital goods for tests, repairs etc. under Rule 57S.
Additional records to be maintained by the manufacturers of.
V.P.sugar
1. RG-4 – cane account;
2. RG-6(C) or (G) – register of daily manufacture;
3. RG-7 - daily drier account;
4. RG-8 – Sugar store account;
5. RG-9 – Gunny bag account;
6. RG-11 – Daily account of sugar received for crushing.
Matches
1. RG-2 – daily account of splints and veneers and composition of match heads;
2. RG-3 – register of stock and receipts of Central Excise Stamps purchased;
Tobacco products
RG-12 – register of manufacture of excisable tobacco products;
Embroidery
RG-25 – production register cum account current to be maintained by the manufacturers of embroidery working under special procedure.
Tea
· RG-17 – daily account of loose tea utilised in the production of package tea.
Additional records to be maintained by units working under Chapter X procedure.
· RG-16 – register of excisable goods used for special industrial purposes.
Additional records to be maintained by independent processors.
· 1. lot register;
· 2. register in respect of deemed credit taken under Rule 57A;
Records to be maintained by registered dealers.
· RG-23D – record of receipt of duty paid goods and issue thereof;
Invoice book
Anirudh B Balotiaa
(Manager)
(36 Points)
Replied 09 January 2012
Are these dates still relevant or some changes has been made?
Thanks!
sandeep
(article)
(21 Points)
Replied 10 July 2012
What is the penalty for late filling exice return
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
