9911796707
TMI BlogINTER UNIT TRANSFER SHOWS IN ER-1 RETURNX X X X Extracts X X X X X X X X Extracts X X X X ..... INTER UNIT TRANSFER SHOWS IN ER-1 RETURN X X X X Extracts X X X X X X X X Extracts X X X X ..... is no direct despatch to customer place from unit-2. all the goods are coming to unit-1 only with payment of duty. In this case how i can show in ER-1 return. Whether col.3 Details of manufacture, clearance and duty payable to be shown in ER1. or all the removal of goods to be shown in under inter unit transfer of goods directely in col. no.5 ? If we remove Raw matls as such from one unit to ot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... her unit Whether we have to show this transaction under credit utilized in inputs removed as such in Col.5. OR we have to show in Credit utilized in Inter unit transfers? Kindly give your views Thanks in advance Venkat Reply By Rajagopalan Ranganathan: The Reply: Sir. Column 4 & 5 of E.R. 1 refers to inter unit transfer made under Rule 12 BB which is applicable to assessee who opted for La ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rge Tax payer Unit (LTU for short). For others all duty paid clearances should be shown in Col, 3 (5) of E.R. 1 return. Please refer to Rule 12 BB to understand the implication of the same.
Reply By Pradeep Khatri:
The Reply:
We are in agreement with the reply submitted by Mr.Rajagopalan Ranganathan. X X X X Extracts X X X X X X X X Extracts X X X X
|
