till date we are filling our return in ER1, we are not climing any cendvat credit & our tax @ 1% till 16 March-12 which is revised after budget by 2%.
Please advise in which form ER1 or ER8, we have to file our return.
Thanks in advance.
Rakesh Shah
till date we are filling our return in ER1, we are not climing any cendvat credit & our tax @ 1% till 16 March-12 which is revised after budget by 2%.
Please advise in which form ER1 or ER8, we have to file our return.
Thanks in advance.
Rakesh Shah
ER-1 Return, filed under Rule 12(1) of the Central Excise Rules, 2002, will have to be electronically filed irrespective of the duty paid in the preceding financial year.
ER-8 Return, to be filed under the proviso to Rule 12(1) of the Central Excise Rules, 2002, by assessees availing the exemption under Notification No.1/2011-CE dated 01.03.2011 has to be filed electronically.
We are getting 35% abatement on MRP & our CETSH No 2202-90-20.
Please advice..
Rakesh Sah
You have to file return under ER-8 only since you are availing exemption under notification no. 1/2011.
CAclubindia
