ER1 Return

[deepak kalambate]

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

[CSSANJAY MALHOTRA]

Statutory Compliance is adhered to when the Returns are filed online, hence no need for onwards submission of hard copies of returns. Furthermore CENVAT records are to be maintained and kept at assessee premises which would be subject to Audit or to be produced to Central Excise Officer as and when called for.

[deepak kalambate]

Thank you very much

AI Summary

Statutory compliance through online filing obviates hard-copy ER1 submission; maintain CENVAT records for inspection on demand.
Filing the ER1 return electronically satisfies statutory compliance and obviates onward submission of hard-copy returns; CENVAT records must nevertheless be maintained at the assessee's premises and produced for audit or when called for by Central Excise officers.