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chandan (Querist)

21 October 2011 SIR/MADAM,
we have get registration on 9/8/2011,we are doing relabeling the product our last year turnover is 45 lakh,genearly we get registration for pass on CENVAT credit to our customer.
when we get registration that time have some opening stock which is sold after registration. we could not intimate to superintendent because one consultant misguide to do not intimate anything to officer or dont maintene any books of account . and we file return in ER3 on 18/09/2011 which is rejected by system display error i.e."invalid entry for month-year combination.the entry should fall after the year and month of your registration"

please tell me some one what will do next steep to regolorised account.
generally we maintane RG-23A-PArt-I,& II & stock Register.

U S Sharma

U S Sharma (Expert)

22 October 2011 what type of registration you have obtained? manufacturer/ dealer/ depot.....

as the ER3 is related to SSI manufacturer who have opted benefit under notification 8/2003 ( exemption upto 150 Lacs)which can not be changed in the financial year

if you have not opted for 8/2003, then file RE-1 (monthly)

RG23A- Part 1 is record of receipt and issue ( usage) of inputs which are covered with excise invoice,
RG-23A - Part 2 is the duty account which is credited on receipt of inputs and debiterd on clearance on invoice.

PLA - Cash account for deposit of duty( vide GAR-7) and subsequent debit for duty against clearance.

DSA ( RG-1) register for manufacture and clearance of finished goods manufactured, and stock in hand.

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