Cenvat credit

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Akshay (Querist)
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20 April 2013 While preparing the ST-3 return, is it necessary to fill the cenvat Credit details, which we have utilized against Excise Payment. We already provide the said cenvat Credit details which we have avail and utilized on account of input services in ER 1 Form ( Excise Return ???

Ashish Vaish

Ashish Vaish (Expert)
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20 April 2013 Dear Sir,
In cases where an entity is liable to pay excise and ST both, it is advised to maintain a seperate cenvat account of payment of ST. You need not show the cenvat details of ER-1 or ER-3 then. Seperate cenvat related to ST will only b shown in ST-3

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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20 April 2013 Even if shown in the ER-1 , you required to mention in the ST-3.

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Ashish Vaish

Ashish Vaish (Expert)
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20 April 2013 If you are not availing cenvat or utilising it for payment of ST, you need not show it in ST-3. In any ways it wont match from excise return.

Akshay

Akshay (Querist)
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20 April 2013 WHERE to give details of cenvat availed against excise in ST 3?????

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