Dear Sir, Greetings of the day!
My client is dealing in branded garments and have issued excise invoice, while charging 30% duty on MRP in this month.
In this regards i wish to know the complete detials of duty payment like, generating and filling challan, which banks will accept duty payments and due date for filing and submission of ER-1 Return.
It's very highly appreciable if any one guide us the method of making duty payment.
Thanks!
Asif.
er-1 has to be filed every 10th of following month.
In case excise duty paid by cash or CC exceeeded 10 lakhs in the preceeding FY, all returns taht are to be filed & tax that has to be paid will be accepted electronically only.
you can search the banks in your locality via internet.
E-filing of central excise returns made mandatory for all assessee w.e.f. 1.10.2011 vide notification no. 21/2011 C.E.(NT)
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
