Hi to all, Kindly advise, Is Form E.R.1 is the evidence of excise duty payment made. Best Regard.
Hi to all, Kindly advise, Is Form E.R.1 is the evidence of excise duty payment made. Best Regard.
Er-1 returns contains production & clearances details and Excise duty payable & paid details.
| Originally posted by : Ramesh kumar | ||
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Er-1 returns contains production & clearances details and Excise duty payable & paid details. |
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Dear Mr Rajesh Kumar, Thanks for sharing the info. It means form ER-1 can be consider as evidence of excise duty paid, if applicable, subject to its submission against return number. Am I right. I am confirming this, coz the form E.R.1 about which i am discussing is giving details only about clearance & N.T. notification availed used for clearance. But payment of any excise duty (Point no. 04 in form E.R.1) is not available.
Dear Mr. Shri
As stated by Mr. Rajesh, ER-1 in a whole package is the return of production, clearance and payment thereof.
I agree with Mr. Rajesh, but as a documentary evidence in case of PLA, bank acknowledged copy will be the instrument for excise duty paid through PLA and in Cenvat , your cenvat detail alongwith cenvat bill on which you have claimed the cenvat credit shall be the instrument.
Regards
HS Negi
CAclubindia
