TaxTMI 
TaxTMI 
We are manufacturing capital goods with annual turnover of 1.3 crores. Due to customer requirements we are NOT utilizing the SSI exemption of 1.5 cr.
er-3 or er-1
07 Aug 2013 
9 Replies 
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SSI eligibility permits filing ER-3 with quarterly duty payment even when duty is paid at normal rates.
Where an assessee is eligible for SSI, the eligibility explanation and administrative guidance allow filing ER-3 with quarterly duty payment and claiming 100% cenvat credit on capital goods; however, if the assessee elects not to avail the SSI exemption and pays duty at normal rates, the common and administratively accepted practice is to file ER-1 (the non SSI return) through the electronic return system. (AI Summary)
Where an assessee is eligible for SSI, the eligibility explanation and administrative guidance allow filing ER-3 with quarterly duty payment and claiming 100% cenvat credit on capital goods; however, if the assessee elects not to avail the SSI exemption and pays duty at normal rates, the common and administratively accepted practice is to file ER-1 (the non SSI return) through the electronic return system. (AI Summary)