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Excise Return Applicablity, Central Excise

Issue Id: - 108316
Dated: 26-3-2015
By:- Rudrayani Shedjale

Excise Return Applicablity


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Hello

i have a query. currently we were filing ER3 exsie returns. but in the f.y.2014-15 our local turnover has reached up to 4 crores. do we have to file the same kind of returns even now or we need to file ER1 returns?

please advise.

Posts / Replies

Showing Replies 1 to 6 of 6 Records

Page: 1


1 Dated: 26-3-2015
By:- Rajagopalan Ranganathan

Sir,

Since you have crossed the limit of 4 Crore, you have to file E.R. 1 return every month on or before 10th day of the month following the month to which the return pertains.


2 Dated: 27-3-2015
By:- Rudrayani Shedjale

Dear Sir

Many thanks for this information.

The local turnover(excluding export) has crossed the amount of 4 crore in the f.y. 2014-15.

according to previous form of return filing we need to file return for the Qtr Jan 2015 to March 2015.

shall we file the same i.e.ER3 return for Qtr-IV for f.y.2014-15 and start to file the ER1 return from April 2015??

will you please expedite?


3 Dated: 27-3-2015
By:- Rajagopalan Ranganathan

Sir,

It depends on the date of crossing the limit of 4 Crores. Suppose you cross the limit during September, then you have to file monthly return for September in Form E.R. 1. For July and August you can file in Form E.R. 3 indicating in the remarks column that since you have crossed 4 Crores limit in September you are filing monthly return in Form E.R.1 from September onwards.


4 Dated: 27-3-2015
By:- Rudrayani Shedjale

we have crossed the LOCAL turnover limit of 4 crores in the month of Jan 2015.

so now we have to pay any penalty? (there is no tax liability though)


5 Dated: 29-3-2015
By:- Naveed S

You now need to file monthly returns from april 2015


6 Dated: 10-4-2015
By:- Rudrayani Shedjale

ok. thanks a lot to both of you.


Page: 1

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