Finance/Compliance Consultant
69332 Points
Posted on 01 July 2026
The ER1 return is obsolete under the current GST regime. You must file regular monthly/quarterly GST returns (GSTR-1 and GSTR-3B). Effective 1 February 2026, most unmanufactured tobacco products (HSN 2401) are taxed at 40% GST based on the RSP, and Compensation Cess is no longer applicable