Any tips to fill excise return er-3

Jagdish (Accountant) (84 Points)

27 May 2015  

We are a company involved in manufacturing and trading of Tapes. Having just started the business, we are not yet on the threshold of excise registration. Since the clients insisted, we took the Excise registration with the turnover at just Rs 10 Lacs. We don't have an SSI registration though. 

Queries

1. Which Excise Return Form is applicable on us - ER1 or ER3 or any other? (We have not yet filed Return but deposited the tax of Quarter ending March)

2. Importer is registered as a Dealer with Excise. How can we utilise the duty paid to Customs by them as CENVAT.

3. Machinery was purchased in December (paid partly in June, 2014 and partly in Dec, 2014). Can we claim CENVAT on that too.

4. Tips to fill the form suggested.

 

We were advised by the Excise Inspector to file ER-3 while Experts (also Mr Ajay Raghatate) tell us to file ER-1 as we are not SSI registered.
 

Is there any other indicator to the query i.e. to recognise which form to choose to file