ER IV - points clarification

[Mathurthi RamKumar]

Dear All,

Greetings of the day. I want to fill my first ER IV return. I have lot of confusion in ER IV below points. (Details of Expenditure)

1. Total value of inputs including packing materials and components used for manufacturing on which CENVAT credit availed (value as per purchase invoice or important document excluding all taxes). -

2. Toatl value of inputs Including packing materials used for manufacturing on which CENVAT credit not availed.--????

What values i have take for above two points.Please guide me for above points. If any have ER IV with examples kindly share me.

Regards

M.RamKumar

[VVFINDIA Taloja]

Dear Mr.Ramkumar,

For the first point as it mentioned clearly, you need to consider all the inputs, PM, components on which you have availed CENVAT Credit.

For the second point, if you are receiving any inputs, PM or components, on which you are not availing CENVAT Credit for some special requirement like, if such material are using exclusively for MFG of exempted material etc.

[Mathurthi RamKumar]

Dear Sir,

Thank you for your reply. But still i am in confusion. Pls clarify in detail. I am working in a kraft paper manufacturing unit. We are purchasing imp.waste paper, chemicals , stores and spares capital goods (with cenvat and without cenvat). We have no exempted material. I have to take all above values? (Someone told me not consider stores and capital items). For point no.2 can i consider purchase value without cenvat items ??

Regards

M.RamKumar

9949840959

AI Summary

Kraft paper manufacturer seeks guidance on completing first ER IV return, questions inclusion of non-CENVAT items and capital goods. An individual from a kraft paper manufacturing unit seeks clarification on completing their first ER IV return, specifically regarding the total value of inputs for which CENVAT credit is availed or not availed. They are confused about whether to include certain items like stores and capital goods. A respondent advises considering all inputs, packing materials, and components for which CENVAT credit is availed, and excluding those used exclusively for manufacturing exempted materials. The individual remains uncertain and requests further clarification, noting they have no exempted materials and questioning the inclusion of non-CENVAT items.