ER1 Return

[deepak kalambate]

It is necessary to submit hard copy of ER1 Return (printout of E RETURN) & CENVAT Credit Register every month

AI Summary

Online Filing of ER1 Return Suffices for Compliance, Maintain CENVAT Records Onsite for Audits A discussion on the necessity of submitting hard copies of the ER1 Return and CENVAT Credit Register for Central Excise highlighted that statutory compliance is achieved by filing returns online, eliminating the need for submitting hard copies. However, CENVAT records must be maintained at the assessee's premises for potential audits or inspection by Central Excise Officers. The original query was clarified, and appreciation was expressed for the information shared.