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Er 1
We have registered as manufacturer in excise. Now suppose we have made production of 1000Kg of goods and sold 500Kg of goods in market and transferred balance 500Kg for further process of another goods. Which quantity should show in my excise return ER 1 as production, clearance and closing stock. PLEASE DO NEEDFUL.
Replies (1)
Dear Himansu,
| Tariff | OB | Production | Clearances | CB | Value |
| 25… | 0 | 1000 | 500 | 500 | 500000 |
| 25… | 500 | 0 | 500 | 0 | 0 |
Production _NIL, clearances _Captive use , and value shown to be '0' , CB.Provide in 1st row Sales and in second row take CB of 1st row
in 2nd row duty area you have to mentioned Captive use notfn no.67/1995 C.E.
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