Excise returns er-1 & er-3

Durga prasad Ambati (Taxation, Pursuing CA) (737 Points)

03 August 2011  

 

 

Find enclosed new notification from CBEC.

 

The Central Board of Excise and Customs has notified new Form ER-1 and Form ER-3.  Form ER-1 is the monthly return for production and removal of goods and other relevant particulars and CENVAT credit.  Form ER-3 is the quarterly return for production and removal of goods and other relevant particulars and CENVAT credit, by an assessee eligible to avail of the exemption under a notification based on the value of clearances in a financial year.

 

The new forms would be effective from 1st October, 2011